Cardano Leads in MiCA Compliance Implementation, Surpassing Timelines
Cardano Takes the Lead in Complying with EU's Latest Crypto Regulations In a pivotal move, the Cardano Foundation, in partnership with the Crypto Carbon Ratings Institute (CCRI), has unveiled sustainability indicators for the Cardano network that align with the EU's Markets in Crypto-Assets (MiCA) regulation This announcement marks a significant step forward in adhering to the emerging regulatory framework and showcases Cardano's proactive approach to sustainability and regulatory compliance Cardano's dedication to transparency and environmental responsibility is evident in their efforts to align with MiCA's requirements By emphasizing the energy efficiency of their consensus protocol, Cardano not only reduces electricity consumption but also provides detailed metrics on the network's annual electricity use, carbon footprint, and power demand per transaction This initiative underscores the potential for blockchain networks to address environmental, social, and governance (ESG) issues effectively...
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