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EU watchdog warns of climate threat from cryptos that rely on too heavily on renewable energy
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fnlondon.comThe European Union urgently needs to ban a form of cryptocurrency mining that is relying heavily on renewable energy, and poses a threat to climate-change goals, a top regional regulator said on 19 January.
"The solution is to ban 'proof of work'," Erik Thedéen, vice-chair of the European Securities and Markets Authority, told the Financial Times in an interview.
He...
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