Planned regulation of cryptocurrencies, in particular a ban on bitcoin
Question for written answer E-000809/2022
to the Commission
Christine Anderson (ID)
S&D, Green and Left representatives on the ECON committee have raised the issue of a ban on bitcoin. In support of this, they cite the high power consumption of the proof-of-work process on which bitcoin is based.
The Commission, too, has already signalled in a reply to me that it is looking into the energy consumption of bitcoin.
- 1.To what extent does the Commission back the abovementioned call for a ban on bitcoin?
- 2.To what extent is the Commission planning to promote cryptocurrency payment operations?
- 3.How does the Commission view the EU's competitiveness, compared to the rest of the world, as regards the mining, development and use of cryptocurrencies?