Source: Pixabay A recent report has indicated that Proof-of-Work (PoW) consensus networks, like Bitcoin, may be banned in the European Union (EU). Daniel Batten, a managing partner at CH4 Capital, shared on his X (formerly Twitter) handle that the European Central Bank (ECB) and European Securities and Markets Authority (ESMA) were assigned to craft the The post EU Moves to Ban Bitcoin to Meet Energy Goals – Report appeared first on Cryptonews .