The EU Is Proposing A CRYPTOCURRENCY BAN To Combat CLIMATE CHANGE

The EU is proposing a new ban on cryptocurrencies in an attempt to combat climate change. The ban would specifically target “proof of work” cryptos like Bitcoin, that rely on complex computing power and massive energy consumption. The solution would be to move to a more energy-efficient “proof of stake” system, like Ethereum 2.0 and the NFT space is already shifting towards.