Several crypto asset service providers in the EU may be unaware of the correct deadline to disclose their environmental footprint, with over 80% not realizing the reporting requirement from January 1st, 2025.
The confusion over the deadline for sustainability disclosures under MiCA regulations persists, even after clarifications by the European Securities and Markets Authority, leading to potential misinterpretation among crypto entities.
The collaboration between Crypto Risk Metrics and The Digital Token Identifier Foundation aims to enhance the display of ESG-related data, aligning with the EU's efforts towards transparency reporting in the crypto industry.
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