Regulation | CoinDesk

Bitcoin-Banning Measure Seen Too Close to Call in Monday's EU Parliament Vote

Still, people familiar with the matter said a slim majority of parliamentarians could defeat a controversial new MiCA provision that seeks to force proof-of-work cryptocurrencies to shift to more energy-friendly consensus mechanisms.

By Sandali HandagamaMar 13, 2022

EU parliament plans to vote on a controversial provision that seeks to limit the use of proof-of-work crypto mining. (Walter Zerla/Getty Images)

Policy

Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

A provision looking to force proof-of-work cryptocurrencies like bitcoin to switch to the more environmentally friendly proof-of-stake consensus mechanism is in a draft of MiCA up for a parliamentary vote on Monday.

By Sandali HandagamaMar 12, 2022

The EU parliament is set to vote on a crypto legislative package that may seek to limit the use of proof-of-work cryptocurrencies. (Laura Zulian/Getty Images)

Markets

Market Wrap: Cryptos Mixed Amid Global Uncertainty

Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.

By Damanick DantesMar 11, 2022

Videos

Why the SEC v. LBRY Crypto Lawsuit Could Be a Landmark Case for the Industry

The SEC sued LBRY last March for allegedly offering unregistered securities to raise a total of $6.2 million starting in 2016. LBRY allegedly offered and sold LBC to institutional investors, using the proceeds to pay bills for operating expenses. “The Hash” hosts discuss how this case could have massive implications for cryptocurrencies that might be deemed to be afoul of regulations in the future.

Mar 11, 2022