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EU Rejects Idea of Banning Bitcoin & Ethereum

EU Rejects Idea of Banning Bitcoin & Ethereum

  • CS Team
  • March 16, 2022
  • 0

Big relief!

The ECON committee of the EU Parliament voted against the idea of banning Proof-of-Work-based cryptoassets in the European Union.

32 members voted against and 24 in favour of the measure:

BREAKING: The ECON committee of the EU Parliament just voted against the de-facto POW-ban: 32 against, 24 in favor.

Big relief & political success for the bitcoin & crypto community in the EU💪💪

Will share a breakdown of the vote and what’s next here in this thread. #Bitcoin

— Patrick Hansen (@paddi_hansen) March 14, 2022

Reference: Twitter.com; Cover image;

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  • EU Rejects Idea of Banning Bitcoin & Ethereum
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