Bitcoin And Ethereum
The European Union’s Economic Affairs Committee will vote on Monday on a bill to regulate cryptocurrencies, which could speed up measures banning such currencies, including Bitcoin and Ethereum, in Europe.
The last-minute draft of the law called MiCa made some additions, including that cryptocurrencies issued or traded in the European Union must meet minimum environmental sustainability standards.
A finalized version of a major bill in the EU, which ignited controversy over its targeting of the crypto industry’s proof-of-work (PoW) consensus mechanism, is expected to head to a vote on Monday.
