Proposed EU Regulations Would Limit Bitcoin, Proof-of-Work Crypto Mining: Report - BitcoinEthereumNews.com
Bitcoin क्रिप्टोप्रस्तावित यूरोपीय संघ के विनियम बिटकॉइन को सीमित करेंगे, काम के सबूत क्रिप्टो माइनिंग: रिपोर्ट02 / 24 / 2022बिटकॉइन एथेरियम समाचार The European Union (EU) is reportedly drafting regulations that could result in a ban on proof-of-work cryptocurrency mining across the unions 27 member states. The proposal forms part of the EUs upcoming Markets in Crypto Assets (MiCA) legislation that will govern the regulation of cryptocurrencies in the EU. Per CoinDesk, a draft MiCA package up for discussion includes a provision that would ban proof-of-work mining in the union. The news comes amid growing concern across the EU over the environmental impact caused by proof-of-work crypto mining, the energy-intensive consensus mechanism employed by cryptocurrencies including Bitcoin और Ethereum. European crypto mining concerns In November last year, Swedens financial supervisory authority—Finansinspektionen—called for a ban on crypto mining. “Sweden needs the renewable energy targeted by crypto asset producers for the climate transition of our essential services, and increased use by miners threatens our ability to meet the Paris Agreement,” the regulator said at the time. “Energy-intensive mining of crypto assets should therefore be prohibited.” These same concerns तब थे सेकेंडेड by the vice-chair of the European Securities and Markets Authority, Erik Thedeen. Thedeen also serves as director general of