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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.
nostr:npub13lkyycj8s3da6fhndtj0wd6s3s2ahmq86s7wrruvzd4tnc66cgfqn4lpsy 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 🙏🏽 nostr:npub13ajk3hhvqys2ev4y68jwxywgs8fsdsuk4y5gkzs874jdyrccvf5qak2yd9 and nostr:npub1q3u6d2zvjegcc75rp3ym74haca7t3zc9e4cfqt3hasvsdl0vdqlsq0x79v who have spent 18 months reading every EC document and fighting for the Bitcoin mining industry, often without the support they deserve.
https://x.com/dsbatten/status/1828182078107894108?s=46&t=Sq7ZbHNRcxy3Vcp23qZmyw
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