According to CoinDesk, Crypto Risk Metrics ri...
According to CoinDesk, Crypto Risk Metrics risk analysts state that the regulation on stablecoins in the Crypto Assets market (MiCA) will come into effect at the end of June. A part of this regulation includes reporting requirements for ESG data. Although regulators have made specific clarifications, several crypto entities in the European Union (EU) may have misunderstood the deadline for disclosing sustainability information under MiCA. More than 80% of crypto asset service providers have not yet realized that they need to report ESG data (environmental, social, and governance-related data) starting January 1, 2025, and any adverse environmental impacts must be fully identified and disclosed.
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