Crypto Market Updates
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…