PoW vs. PoS as European Parliament rejects clause in MiCA
The crypto industry loosened up as the European Parliament rejected a clause in MiCA. Furthermore, the crypto industry weighs the pros and cons of PoW vs. PoS. The clause in Markets in Crypto Assets (MiCA) would have banned PoW protocol-based cryptocurrencies, including bitcoin. However, Solana and Cardano stand on PoS, where miners can “stake” cryptocurrencies