The European Commission has announced that members of the European Union must prepare to halt cryptocurrency mining “in case there is a need for load shedding in the electricity system.”
German crypto bank Nuri has told its 500,000 users they have to withdraw funds from their accounts as the company is getting ready to shut down and liquidate its business.
Nasdaq-listed cryptocurrency exchange Coinbase has filed an amicus brief supporting a Grayscale Investments lawsuit against the U.S. Securities and Exchange Commission (SEC) for rejecting the firm’s proposal for a spot bitcoin exchange-traded fund.
Top stories in the Crypto Roundup today:
- EU Member States Could Order Crypto Mining Halt Over Energy Emergency
- German Crypto Bank Tells Its 500,00 Users to Withdraw Ahead of Shutdown
- Coinbase Backs Grayscale’s ETF Filing With Effort to Reverse SEC’s Rejection