16 Mar MiCA draft regulation for now without proof-of-work (PoW) ban for cryptocurrencies
Background On Monday March 14, 2022, MEPs in the ECON committee voted against the controversial ban paragraph for the PoW-based consensus mechanism cryptocurrencies. In the so-called EU Crypto Law "Markets in Crypto-assets Regulation" (hereinafter MiCA draft regulation) presented by the European Commission in September 2020, the...