Top EU regulator calls for ‘ban’ on cryptocurrency mining that uses clean energy
A senior regional regulator said Wednesday, Jan. 19, that the European Union urgently needs to restrict a kind of cryptocurrency mining that relies largely on renewable energy and jeopardizes climate-change objectives. “The answer is to prohibit ‘proof of work,’” said Erik Thedéen, vice-chair of the European Securities and Markets Authority, in an interview with the …
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