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The EU Parliament postpones a vote on crypto regulations after a backlash over a leaked provision banning proof-of-work cryptocurrencies due to energy concerns

CoinDesk Sandali Handagama

Discussion

  • @kxcrypt @kxcrypt on x
    As if we dont have bad news flowing around us already lol. https://twitter.com/...
  • @simplykashif Kashif Raza on x
    The European Union (27 countries) is reportedly drafting regulations that could result in a ban on proof-of-work cryptocurrency mining. I guess they have not learned a lesson from china🇨🇳. #Bitcoin.
  • @ground_zero2013 @ground_zero2013 on x
    The political elite is clueless about the basics of electrical engineering. It's not about how you consume electricity, but about how you produce it. Switch to #renewables and leave us alone. https://ow.ly/...
  • @petermccormack Peter McCormack on x
    If the EU bans proof of work and #bitcoin, they will be contravening the European Convention on Human Rights, specifically: - Article 5, the right to liberty - Article 7 - Protocol 1, article 1 - Potentially article 4 https://twitter.com/...
  • @zhusu Zhu Su on x
    Notice how after the response of the ppl, the right and center-right in European Parliament withdrew support for the bill which wanted to attack Bitcoin proof-of-work Pay attention Crypto is apolitical but its govt adoption curve is appearing anything but https://twitter.com/...