EU Parliament committee rejects a provision for its Markets in Crypto Assets framework that would have limited the use of proof-of-work cryptocurrencies (Sandali Handagama/CoinDesk)

Sandali Handagama / CoinDesk:

EU Parliament committee rejects a provision for its Markets in Crypto Assets framework that would have limited the use of proof-of-work cryptocurrencies— A provision that could have forced proof-of-work cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms failed to get the votes required.