Auto Added by WPeMatico

MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals

Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording…

Continue ReadingMiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals

Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March

The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that…

Continue ReadingEurope’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March

Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation

A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the…

Continue ReadingProof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation

European Parliament to Cancel Vote on Crypto Assets Framework

The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions.…

Continue ReadingEuropean Parliament to Cancel Vote on Crypto Assets Framework

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY…

Continue ReadingBNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals