Europe discards proposal limiting PoW cryptos such as Bitcoin but sets draft directions for sustainability
The European Union has overruled a plan to ban Bitcoin across the union, but it has urged extra safeguards for consumers and more sustainable mining. The proposed MiCA framework, which would supervise digital assets in the EU, was approved by the European Parliament’s monetary and economic affairs board. A last-minute change to the legislation was […]
Cryptocurrency: Why is it here to stay?
Cryptocurrencies have gotten a lot of press and investment interest recently. Even though there are currently over 10,000 distinct cryptocurrencies, early investors in Bitcoin, Ethereum, and other popular cryptocurrencies have gained a lot of money. Bitcoin, the first cryptocurrency, was worthless when it was released in 2009. The real question today is whether crypto will […]