Bitcoin down ahead of the European Parliaments potential decision to ban PoW coins - BitcoinEthereumNews.com
Bitcoinपीओडब्ल्यू सिक्कों पर प्रतिबंध लगाने के यूरोपीय संसद के संभावित फैसले से पहले बिटकॉइन नीचे03 / 14 / 2022बिटकॉइन एथेरियम समाचार टीएल; डीआर ब्रेकडाउन; Bitcoin dropped in price as the European Parliament debates a potential ban on the cryptocurrency. If Bitcoin is baned, it could have a significant negative impact on the market Bitcoin and other cryptocurrencies moved into a corrective position throughout the weekend as the European Parliament committee prepares to vote on a new regulatory framework later today. The framework, which is known as Markets in Crypto Assets (MiCA), could put the Proof of Work (PoW) coins under scrutiny. Members of the European Parliaments economic and monetary affairs committee are set to vote on whether to bring cryptocurrencies under the scope of existing financial regulation. The vote is part of a wider effort to crack down on money laundering. Industry executives are expecting the EUs parliament to approve a bill that would effectively ban major digital currencies like Bitcoin and Ethereum for environmental sustainability purposes. Bitcoin and other crypto price The worlds most valuable digital currency stayed in a tight trading range over the weekend, with highs around $40,000 and lows just above $37,000 pressured by risk aversion in global markets owing to the conflict in