Cardano Demonstrates MiCA Compliance with Sustainability Report

Cardano Releases Detailed Environmental Assessment in Line with MiCA Regulations
Cardano Demonstrates MiCA Compliance with Sustainability Report
Author:
Updated on

In compliance with the Markets in Crypto-Assets Regulation (MiCA), Cardano has published a comprehensive environmental assessment through the Crypto Carbon Ratings Institute (CCRI). The report reveals Cardano's annual energy consumption at 704.91 MWh and carbon emissions at 250.73 tonnes of CO2 equivalent, highlighting its efficient Proof of Stake (PoS) protocol. Additionally, Cardano's waste production is reported at 8.26 tonnes of electronic waste annually, with 51.93% not recycled. These findings underscore Cardano's commitment to sustainability and regulatory adherence, positioning it as a leader in the crypto industry's environmental responsibility.

Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.

logo
Crypto Insider News Inc
cryptoinsider.news