Many EU Crypto Entities May Not Know the Correct Deadline for Sustinability Disclosures Under MiCA: Risk Analyst
Summary
Many EU crypto asset service providers may be unaware of the deadline to report ESG data, despite ESMA's clarification. MiCA law requires sustainability disclosures, with confusion arising from interpretation of the deadline. The law mandates disclosure of environmental impacts, potentially affecting crypto's adoption. ESMA's clarification emphasizes the obligation for crypto asset service providers to display ESG data, regardless of its availability in white papers.
