The Cardano Foundation and CCRI release MiCA-compliant sustainability indicators in an effort to position Cardano ahead of the regulatory curve with a focus on energy efficiency and transparency.
The Cardano Foundation, in partnership with the Crypto Carbon Ratings Institute (CCRI), released sustainability indicators for the Cardano network that will comply with the forthcoming Markets in Crypto-Assets (MiCA) regulation in the European Union.
The report was released on July 2, adhering to MiCA’s mandate that crypto asset issuers and service providers disclose sustainability indicators — in this case, coming from the Cardano Foundation, which oversees the ADA (ADA) cryptocurrency.
According to the foundation, it partnered with CCRI to ensure quality in its blockchain monitoring and data collection methodology.