MiCA Compliance

The full MiCA Regulation (EU 2023/1114) applies from today. A brief description of how the current blockchain meets this regulation:

1. The crypto-asset is automatically created as a reward for the maintenance of the distributed ledger or the validation of transactions -MiCA Article 4 3.(b) –
2. Integrated AML/KYC/CFT – Guidelines specifying Union standards on the maintenance of systems and security access protocols 2.2.3.12 –
3. Consensus mechanism with very low energy requirements (MiCA Article 6(12); RTS specifying the content, methodologies and presentation of information in respect of sustainability indicators in relation to adverse impacts on the climate and other environment related adverse impacts)