Live News: EU Votes On MiCA, Proof-Of-Work (PoW) Ban Amid Heavy Crypto Backlash

The European Union opened voting on the adoption of its Markets in Crypto Assets (MiCA) regulation on Monday. Earlier reports had shown that a controversial ban on proof-of-work (POW) tokens including Bitcoin and Ethereum was still being considered, drawing widespread criticism from the crypto community. Voting opened during a session starting at 8:45 AM ET

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