MPs will hold an inquiry into cryptocurrencies like Bitcoin, looking into risks to users, the monetary system and the environment. Photo / Getty ImagesMPs will hold an inquiry into cryptocurrencies like Bitcoin, looking into risks to users, the monetary system and the environment. Photo / Getty ImagesBy RNZMPs will hold an inquiry into cryptocurrencies like Bitcoin, looking into risks to users, the monetary system and the environment. The inquiry would also consider the environmental impact of mining cryptocurrencies, which had become an increasing concern for environmental advocates. MPs would also consider whether cryptocurrency regulation is possible for states, central banks or through multi-lateral co-operation.

Source: New Zealand Herald July 13, 2021 03:22 UTC