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Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry

Post author:MiamiCrypto
Post published:November 10, 2021
Post category:balance Ban Bitcoin carbon emissions consumption Crypto crypto farms crypto miners Crypto mining Cryptocurrencies Cryptocurrency cryptocurrency mining Demand Electricity Energy Environment Ethereum EU European Union Finansinspektionen generation goals Miners Mining Paris Agreement power prohibition Proof-of-Work proposal Regulators restrictions supply surplus Sweden swedish utility Vattenfall

Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would…

Trading Bitcoin’s like trading stamps, says Swedish central bank governor

Post author:MiamiCrypto
Post published:September 10, 2021
Post category:Central Bank Cryptocurrencies Sweden

In comments at a Swedish banking conference, Sveriges Riksbank Governor Stefan Ingves warned that private money “usually collapses sooner or later.”