The EU may not immediately ban crypto mining, but tensions are rising as politicians from more member states echo the call for a prohibition over energy concerns. iamsandali reports
to detail their electricity use, climate impact and expansion plans.
Meanwhile, Wall is confused as to why his country’s financial regulator is suddenly getting involved in energy decisions.In 2020, the FI received an assignment from the Swedish government to contribute to developing the financial sector in a sustainable way, Malmen said of the FI’s involvement. “I'm not quite sure whether crypto mining would be kind of at the same level or could be utilized as a buffer. ... There needs to be a system agreed by a wider number of states,” Fuselli said.
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