📉 ECMA has released its second consultation document on the regulation of crypto-assets (MiCA). Basic moments:
• Sustainable indicators for blockchain networks: energy consumption, greenhouse gas emissions, waste generation and impact on natural resources.
• Disclosure requirements, white paper technical requirements, trade transparency measures, and accounting for crypto service providers (CASPs).
• ESMA proposal: CASPs can store transaction data in any format, but must be prepared to convert it if requested by authorities.
The final report will be published by June 30, 2024.
• Sustainable indicators for blockchain networks: energy consumption, greenhouse gas emissions, waste generation and impact on natural resources.
• Disclosure requirements, white paper technical requirements, trade transparency measures, and accounting for crypto service providers (CASPs).
• ESMA proposal: CASPs can store transaction data in any format, but must be prepared to convert it if requested by authorities.
The final report will be published by June 30, 2024.