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Bloomberg: The EU urges member states to end tax breaks for crypto miners and encourage eco-friendly mechanisms like PoS

2022-10-18 18:26:52
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ChainCatcher news, according to a draft reported by Bloomberg, the European Commission will work with international partners to develop a tiered measure to encourage more environmentally friendly mechanisms, such as PoS. The EU will also compile a report to assess the industry's impact on the climate by 2025, while urging member states to end tax breaks for crypto miners. The EU will suggest that countries must also be prepared to halt mining activities in the event of power shortages. (Bloomberg)

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