The European Parliament has supported amendments to the regulation on the exchange of information between counterparties, which involve the collection of data on users of non-custodial cryptocurrency wallets, Patrick Hansen, Development Manager at Unstoppable Finance, has announced.
“The trilogue usually takes a couple of months & offers the last chance to introduce changes. Individual voices from the council & commission make me optimistic that we can still achieve changes. But the situation is undoubtedly more difficult than with the POW-ban.”
In March, ECON adopted a bill on the regulation of cryptocurrencies by a majority of votes. The final version did not include an amendment to prohibit mining on the Proof-of-Work consensus algorithm.