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The Real Reason Banks in UK are Banning Bitcoin - Peter McCormackWith 31 votes to four, as well as 23 abstentions, the European Parliament has now agreed its position for the Markets in Crypto-Assets (MiCA) regulation. Constraints get tougher the more widely the tokens are used: stablecoins not pegged to an EU currency will be outright banned from having over 1. "FirstFT: EU should ban energy-intensive mode of crypto mining, regulator says". "China's top regulators ban crypto trading and mining, sending bitcoin.