Stefan Berger, a member of the European Parliament in command of shepherding the MiCA regulation, confirmed that the European Parliament Committee on Financial and Financial Affairs (ECON) rejected a suggestion that might ban proof-of-work consensus protocols similar to Bitcoin (BTC), Ethereum (ETH), within the EU.

“By accepting my proposal, members have paved the way in which for future-oriented crypto regulation. It’s now a matter of accepting the report as a complete within the closing vote & sending out a robust sign for innovation,” Berger tweeted.

Different crypto trade gamers additionally confirmed the information:

At 16:08 UTC, BTC trades at USD 38,954 and is unchanged in a day, whereas ETH trades at USD 2,573 and can be unchanged in a day.

(to be up to date)
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– EU Crypto Trade Calls to Arms as Bitcoin & Ethereum Ban in Playing cards Once more