European Parliament to Vote Crypto Regulation Next Week
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8 March

The Committee on Economic and Monetary Affairs (ECON) is scheduled to vote on the final version of the EU's crypto regulation bill on next March 14, Stefan Berger, a speaker on the MiCA bill, has reported via Twitter.

According to him, the mentions to a possible ban on Bitcoin have been removed from the document.

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Berger has added that further discussions regarding the energy-intensive proof-of-work consensus algorithm have been moved by the parliamentarians to the framework of the EU'S taxonomy for sustainable activities initiative. Berger said:

"With the help of MiCA, the European Union can set global standards, so we ask all participants to support the submitted project and vote 'yes.' The strong support of MiCA will be a strong signal from the EU Parliament for the technologically neutral and innovative financial sector."

According to Berger, the bill would create "legal certainty and robust oversight structures in the crypto asset space."

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