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Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

Sandali Handagama by Sandali Handagama
March 12, 2022
Reading Time: 1 min read
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Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote



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One variation of the brand-new draft, examined by CoinDesk, has a comparable arrangement though substantially reduced from the initial. It states that crypto possessions “shall be subject to minimum environmental sustainability standards with respect to their consensus mechanism used for validating transactions, before being issued, offered or admitted to trading in the Union.”



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