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The European Parliament supported the regulation of cryptocurrencies – Cryplogger

by Vaibhav
March 15, 2022
in News
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The European Parliament supported the regulation of cryptocurrencies – Cryplogger
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The bill on the regulation of cryptocurrencies MiCA was adopted by the Committee on Economic and Monetary Affairs of the European Parliament (ECON).

ECON-Ausschuss hat meinen #MiCA-Bericht angenommen. Ein guter Tag fur den Krypto-Sektor! Das EU-Parlament hat den Weg geebnet für eine innovationsfreundliche Krypto-Regulierung, die weltweit Maßstäbe setzen kann. Der Prozess ist noch nicht vorbei; Schritte liegen noch vor uns /1

— Stefan Berger (@DrStefanBerger) March 14, 2022

“Great day for the crypto community! The European Parliament has paved the way for innovative regulation of cryptocurrencies that could set standards for the world. The process is not finished yet. We are moving forward,” said speaker Stefan Berger.

removed from the document. mining ban amendment based on the consensus algorithm proof of workwhich de facto meant a ban on bitcoin, the parliamentarian noted.

See also  Single miner mined a BTC block

Also, the committee of the European Parliament supported Berger’s proposal for further discussion of this issue as part of the EU initiative to ensure sustainable development Taxonomy.

The next stage of discussion of the bill will take place at the level of the EU Council and the European Commission.

“By adopting MiCA as a whole, ECON gave a strong signal for innovation,” added Berger.

For the text of the document positively voted 45 committee members, with 5 against and 7 abstentions.

See also  U.S. lawmakers reiterate concerns over 'dummy' audits of crypto firms ahead of PCAOB

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