- CoinDesk reported last week that European Union parliamentarians had proposed rules to prohibit crypto services reliant on environmentally unsustainable consensus mechanisms like proof-of-work starting in January 2025. CoinDesk later reported the parliament had indefinitely postponed the Feb. 28 vote after the proposal sparked a sizable outcry.
- "It is crucial for me that the MiCA report is not interpreted as a de facto ban on bitcoin," Stefan Berger, the member of the European parliament in charge of shepherding through the legislation, told CoinDesk at the time.
- On Tuesday Berger confirmed to the BTC-ECHO that the language banning proof-of-work had been eliminated.
- The deletion should presumably allow for a vote on the bill to go forward. For now, Berger says talks have resumed, but no date has been set.
UPDATE (March 1, 2022, 21:15 UTC): Adds a statement.
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