Green ‘light:’ The EU’s approach to crypto balances eco-values with regulator...
European policymakers have backed away from passing rules which would have unfairly targeted Bitcoin for environmental reasons. Last week, Bitcoin (BTC) dodged a regulatory bullet in the European Union when proposed cryptocurrency legislation was altered to not include a ban on proof-of-work- (PoW)-based crypto assets. Policymakers had raised a number of concerns about the relative anonymity of crypto transactions and their environmental impact. Some experts including Tim Frost, founder and CEO of Yield App, believe that the “climate change” angle reflects a hidden attempt to ban Bitcoin.....
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