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helen / Helen
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2024-08-27 06:09:56

helen on Nostr: The European Securities and Markets Authority (ESMA) has been actively monitoring the ...

The European Securities and Markets Authority (ESMA) has been actively monitoring the cryptocurrency sector, including Bitcoin mining, due to concerns about its environmental impact, energy consumption, and implications for financial stability.

Their 400-page report disclosed a strong stance against commercial Bitcoin mining.

This report will also empower the ECB to devise ESG rules around institutional investment into Bitcoin and hereby economically disincentivize investment into Bitcoin and related products.

dsbatten (npub13lk…lpsy) on x “The EU Central Banks have the resources, knowledge of legal process, history of peer reviewed misinformation on BTC environmental impact.”

Let’s back the ODFoundation founders 🙏🏽 lyuda_kozlovska (npub13aj…2yd9) and bota (npub1q3u…x79v) who have spent 18 months reading every EC document and fighting for the Bitcoin mining industry, often without the support they deserve.

https://www.esma.europa.eu/sites/default/files/2024-07/ESMA75-453128700-1229_Final_Report_MiCA_CP2.pdf

https://x.com/dsbatten/status/1828182078107894108?s=46&t=Sq7ZbHNRcxy3Vcp23qZmyw
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