Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote

“5. By 1 January 2025, the Fee shall current to the European Parliament and to the Council, as acceptable, a legislative proposal to amend Regulation (EU) 2020/852, in accordance with Article 10 of that Regulation, with a view to together with within the EU sustainable finance taxonomy any cryptoasset mining actions that contribute considerably to local weather change mitigation and adaptation.”

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