MiCA Crypto Alliance Releases MiCA White Paper for BSV Supporting Admission to Trading

The MiCA Crypto Alliance announces the release and submission of the BSV MiCA White Paper, prepared and submitted by the Alliance in accordance with Regulation (EU) 2023/1114.

The white paper has been drafted against MiCA Title II requirements and supports the planned admission to trading of BSV, a decentralised, peer-to-peer digital crypto-asset native to BSV blockchain.

The MiCA Crypto Alliance acts as the person seeking admission to trading (PSAT) for the purposes of this submission. This initiative supports compliance readiness and aligns with MiCA’s high disclosure standards. By doing so, the Alliance is ensuring a trustworthy and transparent trading environment for BSV within the EU’s evolving regulatory framework.

Key Highlights from the White Paper

• $BSV is classified as a crypto-asset other than an asset-referenced token or e-money token (OTHR) under MiCA Title II and is not classified as a utility token.
• BSV is the native Layer 1 digital asset of BSV blockchain and functions as a peer-to-peer medium of exchange, a unit of account, and the mechanism for transaction fees and miner block rewards.
• Total supply is fixed at 21,000,000 BSV, with issuance governed by the original Bitcoin halving schedule (block rewards decrease every 210,000 blocks). No minting beyond the cap, algorithmic supply adjustment, or token value protection mechanisms are in place.
• The white paper includes detailed disclosures on risks, including market volatility, liquidity and delisting risks, regulatory uncertainty, technology-related risks such as majority attacks and hard forks, and operational risks linked to third-party service providers.
• Sustainability disclosures include energy consumption, GHG emissions, and supplementary environmental indicators calculated in accordance with Commission Delegated Regulation (EU) 2025/422 using standardised methodology.

You can access the white paper here.

About BSV Association

BSV Association is a Switzerland based non-profit organisation that serves as the global advocate for BSV blockchain. Its mission is to advance adoption and unlock the full potential of BSV as a scalable, secure and energy-efficient public blockchain built for data integrity, enterprise solutions and government applications. The Association supports developers, enterprises and public sector institutions by fostering innovation, encouraging regulatory compliance and promoting real-world use cases that demonstrate blockchain’s value on a global scale. Through education, developer engagement, strategic partnerships, public policy initiatives and technological advancement, BSV Association is committed to driving sustainable growth and long-term utility of blockchain technology. 

BSV blockchain is a public blockchain designed to support payments and data transactions recorded directly on-chain.

White Paper Support

The MiCA Crypto Alliance supports issuers, offerors, persons seeking admission to trading, CASPs, and ecosystem participants across major blockchain architectures in meeting MiCA requirements efficiently and transparently. Our work combines legal analysis, technical review, and standardised sustainability reporting to deliver MiCA-compliant white papers designed to support regulatory notification and admission to trading processes.

If you’d like to request compliance services, including admission to trading submission support, fill out this form.