European Union is on the cusp of reaching a landmark deal on crypto regulation
including a de facto ban on Bitcoin mining in the MiCA framework after facing backlash from members of the cryptocurrency industry.
In March, EU lawmakers also approved a crackdown on anonymous cryptocurrency transfers. The draft bill is still undergoing trialogue negotiations. France, which is currently at the helm of the council of the European Union, is presiding over the ongoing discussions.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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