Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Industry Insider: Many EU Crypto Entities May Not Know the Correct Deadline for Sustainability Disclosures under MiCA

Industry Insider: Many EU Crypto Entities May Not Know the Correct Deadline for Sustainability Disclosures under MiCA

CointimeCointime2024/06/26 12:10
By:Cointime

The EU's regulatory framework for cryptocurrency assets, known as the Markets in Crypto-Assets Regulation (MiCA), will become law in 2023. MiCA sets licensing requirements for cryptocurrency issuers and service providers (including exchange platforms), with stablecoin rules taking effect in June. However, Rowan Varrall, Deputy Director of the DTI Foundation, explained that asset reference tokens (ART) and electronic money tokens (EMT) issuers must make sustainability disclosures from June 30, 2024, and crypto asset service providers must begin developing disclosure requirements by the end of the year. Part of the rules is reporting requirements for ESG data. Despite specific clarifications by regulatory authorities, confusion over the correct deadline may just be a matter of interpreting the issue.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Genius Group Ordered to Sell Bitcoin Holdings

Genius Group must sell 10 BTC due to a court order, slashing its crypto treasury and market cap significantly.Unexpected Setback for Genius GroupMarket Cap Falls Below Bitcoin ReservesConcerns About Stability and Transparency

Coinomedia2025/04/04 14:11
Genius Group Ordered to Sell Bitcoin Holdings

Ethereum Price Sees 4 Straight Red Months

Ethereum has closed four red months in a row, but long-term holders remain hopeful for a rebound.Ethereum’s Tough Streak ContinuesHope on the Horizon for Ethereum Holders

Coinomedia2025/04/04 14:11
Ethereum Price Sees 4 Straight Red Months

Nexchain Emerges as April’s Best ICO: A New Era for Blockchain

Nexchain is committed to facilitating interoperability from one blockchain to the next through artificial intelligence, allowing for cross-chain communication and operational efficienciesConclusion

Coinomedia2025/04/04 14:11
Nexchain Emerges as April’s Best ICO: A New Era for Blockchain

Bitcoin Volatility Expected as U.S. Jobs Report Looms

U.S. jobs data and Powell’s speech today could trigger major Bitcoin volatility. Here’s what to watch.What to Expect from Today’s Market MovesWhy Bitcoin Traders Are Watching Closely

Coinomedia2025/04/04 14:11
Bitcoin Volatility Expected as U.S. Jobs Report Looms