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Coinnounce 2022-04-21 15:07:34

EU Plans to Ban Crypto Mining Amid Rising Climate Concerns

According to the latest data published by the German website netzpolitik.org, the European Commission and Swedish Financial Regulators have decided to ban Bitcoin’s proof-of-work mechanism. This banning policy comes into play because of its environmental impacts. The documents released under the EU’s freedom-of-information laws mention the meeting held between the Swedish financial and environmental regulators of Europe in […]

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