.DrStefanBerger has clarified that the recent amendment should not be interpreted as a 'de facto Bitcoin ban'
, a provision forbidding proof-of-work , the consensus algorithm that underpins the Bitcoin network, found its way into the final draft version of the MiCA.
Many initially interpreted the addition of the amendment as a future ban on proof-of-work cryptocurrencies. With such a scenario becoming a real possibility, many members of the cryptocurrency community expressed their frustration with the draconian regulatory initiative, which likely forced lawmakers to return to the drawing board.
France Dernières Nouvelles, France Actualités
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