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European Parliament Postpones Vote on Crypto Regulations Indefinitely

A leaked draft has drawn criticism for including a provision that sought to ban the use of cryptocurrencies that rely on proof-of-work.

Updated Apr 10, 2024, 2:15 a.m. Published Feb 25, 2022, 2:36 p.m.
BRUSSELS, BELGIUM - SEPTEMBER 23: German Member of the European Parliament (MEP) Stefan Heinrich Berger (Christian Democratic Union - European People's Party) is listening to the outgoing President of the European Central Bank (ECB) in the Economic and Monetary Affairs Committee of the European Parliament on September 23, 2019 in Brussels, Belgium. (Photo by Thierry Monasse/Getty Images)
BRUSSELS, BELGIUM - SEPTEMBER 23: German Member of the European Parliament (MEP) Stefan Heinrich Berger (Christian Democratic Union - European People's Party) is listening to the outgoing President of the European Central Bank (ECB) in the Economic and Monetary Affairs Committee of the European Parliament on September 23, 2019 in Brussels, Belgium. (Photo by Thierry Monasse/Getty Images)