Proof-of-work crypto mining should be banned in the EU, says European markets regulator

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'We need to have a discussion about shifting the industry to a more efficient technology,' Erik Thedéen told the Financial Times.

The vice chair of the European Securities and Markets Authority called for a ban proof-of-work bitcoin mining.

"We need to have a discussion about shifting the industry to a more efficient technology," Thedéen said.

 

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Lol Bitcoin definitely going down. Won't be too long until ethereum takes 1 spot.

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