According to TechFlow, CH4 Capital managing partner Daniel Batten said that the European Commission (through ESMA and ECB) has been creating a report to label Bitcoin, including harmful to the environment, a threat to EU energy security, and a safe haven for financial criminals, paving the way for the EU to ban BTC and BTC mining in 2025. Batten revealed that ODFoundation founders Lyudmyla Kozlovska and Bota Jardemalie have been fighting for this for 18 months, and they have read through every EC document for this purpose.