{"id":421441,"date":"2022-03-25T16:37:38","date_gmt":"2022-03-25T13:37:38","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/european-crypto-regulatory-framework-goes-to-three-way-consideration-without-pow-ban\/"},"modified":"2022-03-25T16:37:38","modified_gmt":"2022-03-25T13:37:38","slug":"european-crypto-regulatory-framework-goes-to-three-way-consideration-without-pow-ban","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/european-crypto-regulatory-framework-goes-to-three-way-consideration-without-pow-ban\/","title":{"rendered":"# European crypto regulatory framework goes to three-way consideration without PoW ban"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a39411f28192\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a39411f28192\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/european-crypto-regulatory-framework-goes-to-three-way-consideration-without-pow-ban\/#%E2%80%9D_European_crypto_regulatory_framework_goes_to_three-way_consideration_without_PoW_ban_%E2%80%9C\" >&#8221; European crypto regulatory framework goes to three-way consideration without PoW ban &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_European_crypto_regulatory_framework_goes_to_three-way_consideration_without_PoW_ban_%E2%80%9C\"><\/span>&#8221; European crypto regulatory framework goes to three-way consideration without PoW ban &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvZmYwMGViZjEtMmU0Mi00MTkwLWI2MjktMDJiMTQ5MzI0OWY4LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>The much-dreaded prospect of a ban on cryptocurrencies that use proof-of-work (PoW) consensus is making its way into a key European digital asset directive <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to have blown over.<\/p>\n<p>Thursday marked the last day when the European Parliament could stop the current draft of the Markets in Crypto Assets (MiCA) from proceeding to further consideration. <\/p>\n<p>The proponents of outlawing operations with PoW-based digital assets could not muster enough support to challenge the bill&#8217;s current version, meaning that MiCa will safely pass on to be reviewed in <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>artite meetings between the European Parliament, the European Commission and thEuropean Council.<\/p>\n<p>On Thursday, Stefan Berger, the European Parliament member assigned to present MiCA to the legislature, announced that the regulatory project had passed the specialized committee and had been granted the mandate to go into the tripartite meetings.<\/p>\n<p>Berger also warned that the mandate could be challenged if one-tenth of all MEPs (71 members) vote against it. In that case, the second round of voting would be required at the April plenary. He called it the last possible attempt to freeze the moderate version of MiCa that doesn\u2019t include a controversial ban on proof-of-work (PoW) mining. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"de\" dir=\"ltr\">1\/ MiCA\u27a1\ufe0fDiese Woche ist entscheidend f\u00fcr <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/PoW?src=hash&amp;ref_src=twsrc%5Etfw\">#PoW<\/a> &amp; <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> !<br \/>1. Ausschuss ist meinem Vorschlag (Taxonomie) gefolgt &amp; hat Bericht angenommen (Ohne PoW-Ban)<br \/>2. Ich erhielt Verhandlungsmandat f\u00fcr Trilog mit Kommission &amp; Rat <br \/>3. Nun muss Bericht in dieser Form durch Trilog gebracht werden<\/p>\n<p>\u2014 Stefan Berger (@DrStefanBerger) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DrStefanBerger\/status\/1506000058071793666?ref_src=twsrc%5Etfw\">March 21, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nMiCA is a regulatory framework that <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/eur-lex.europa.eu\/legal-content\/EN\/TXT\/?uri=CELEX%3A52020PC0593\">contains<\/a> 126 articles as well as a detailed plan of their implementation by the institutions of the European Union and its member states. The draft was introduced by the European Commission back in 2020 as a part of its Digital Finance strategy.<\/p>\n<p>Early on Friday, Berger\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DrStefanBerger\/status\/1507305092378157065\">confirmed<\/a> that MiCA avoided the challenge in the EU parliament and will pass to three-way consideration. He shared his optimism about the next steps of the process and mentioned putting forward a proposal to include cryptocurrency mining activities in the EU taxonomy. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/european-crypto-regulatory-framework-goes-to-three-way-consideration-without-pow-ban\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; European crypto regulatory framework goes to three-way consideration without PoW ban &#8220; The much-dreaded prospect of a ban on cryptocurrencies that use proof-of-work (PoW) consensus is making its way into a key European digital asset directive appears to have blown over. Thursday marked the last day when the European Parliament could stop the current&#8230;<\/p>\n","protected":false},"author":1,"featured_media":421442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvZmYwMGViZjEtMmU0Mi00MTkwLWI2MjktMDJiMTQ5MzI0OWY4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74858,74894,74863,75834,28340,72705,55229,70934],"class_list":["post-421441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-regulation","tag-blockchain","tag-cryptocurrencies","tag-pow","tag-europe","tag-european-union","tag-law","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/421441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=421441"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/421441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/421442"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=421441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=421441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=421441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}