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Benzinga
Benzinga
Business
Samyuktha Sriram

Let The Jitters End: Bitcoin And Ethereum Are Not Getting Banned In EU After All

European Union European Parliament

The European Parliament’s Committee on Economic and Monetary Affairs has voted against a bill that would outright ban proof-of-work (PoW) cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

What Happened: On Monday, 30 members of parliament voted against a Markets in Crypto Assets (MiCA) bill amendment seeking to ban PoW cryptocurrencies within the European Union.

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