By CryptoNews - 2 years ago - Reading Time: 1 minutes
Proof-of-Hypocrisy: Securities Regulator Calls for Bitcoin Mining Ban in EU, Promotes PoS
A leading EU financial regulator wants the union to “ban” proof-of-work (PoW) crypto mining and force tokens into proof-of-stake (PoS) paradigms, while the EU itself and the traditional finance sector are reportedly less environment-friendly than Bitcoin (BTC) when it comes to electricity consumption....
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Original source: CryptoNews