Lawmakers of the EU drop PoW ban

The Markets in Crypto Assests (MiCA) framework, currently discussed by the European Parliament has skipped the passage of paragraph 61 (9c) . A member of the European parliament tweeted that this part is not anymore in the law text. A reason was the concerns that the law could be interpreted as a ban of any crypto currency and block chain service using proof of work.

To remove this paragraph is a very important signal to all crypto investors, specially to institutional ones that hold large…

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