Top European Regulator Hammers Crypto Energy Consumption, Says Digital Assets Present ‘Investor Protection Issues’

The European Securities and Markets Authority (ESMA) is mentioning cryptocurrencies and digital assets in their 110-page report on market trends. While ESMA concedes that crypto is itself an innovation, they say it has “unintended consequences” of large environmental impact that has yet to be addressed by regulation. “Innovation can support sustainability by addressing ESG (environmental, […]

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