SBP MiCA White Paper Supporting Admission to Trading
The MiCA Crypto Alliance announces the release of the $SBP MiCA White Paper, prepared with assistance from the Alliance and submitted by Sustainable Bitcoin Protocol in accordance with Regulation (EU) 2023/1114.
As part of this collaboration, Sustainable Bitcoin Protocol has joined the MiCA Crypto Alliance as a member. The Alliance drafted the white paper and supported ESG data preparation, iXBRL conversion, and submission assistance.
The white paper supports the admission to trading of $SBP. The submission was made under Irish jurisdiction and notified to the Central Bank of Ireland, with admission to trading intended on approved venues and platforms.
“Publishing our MiCA-compliant white paper marks an important step in bringing European Bitcoin investors into alignment with regulatory and sustainability frameworks. With the support of the MiCA Crypto Alliance, we aim to provide a credible pathway for investors to access Bitcoin while meeting both climate and compliance objectives.” — Brad Van Voorhees, CEO of Sustainable Bitcoin Protocol
Key Highlights from the White Paper
- $SBP is classified as a crypto-asset other than an asset-referenced token or e-money token (OTHR) under MiCA Title II
- The token functions as a tokenised environmental commodity representing verified clean energy use or financing associated with Bitcoin mining, enabling transparent environmental accounting
- Supply is linked to verified environmental impact, with $SBP issued through clean-energy Bitcoin mining or the purchase and retirement of energy attribute certificates, within a framework aligned with Bitcoin’s 21 million supply reference
- $SBP is implemented as an ERC-20 token on Base, an Ethereum Layer 2, and is transferable across wallets, decentralised applications, and trading venues
- Sustainability disclosures include energy consumption, GHG emissions, and environmental indicators calculated in accordance with Commission Delegated Regulation (EU) 2025/422 using the Alliance’s standardised methodology
You can access the SBP MiCA White Paper here.
About Sustainable Bitcoin Protocol
Sustainable Bitcoin Protocol is a framework that introduces an environmental commodity designed to link Bitcoin mining with renewable energy use.
The protocol is built on the premise that Bitcoin’s energy consumption can be a powerful driver of the clean energy transition. SBP creates incentives for miners to use renewable energy, while providing a mechanism for investors to make auditable sustainability claims about their bitcoin holdings, without compromising fungibility.
SBP tokens represent verified clean energy use or financing associated with Bitcoin mining. Unlike traditional environmental credits, these tokens are designed as persistent digital assets linked to Bitcoin’s energy footprint, allowing participants to track and attribute environmental impact over time.
By connecting energy data, market participation, and environmental verification, Sustainable Bitcoin Protocol establishes a framework where Bitcoin activity can be associated with measurable sustainability outcomes, without altering its underlying Proof of Work consensus.
White Paper Support
The MiCA Crypto Alliance supports issuers, offerors, CASPs, and ecosystem participants across major blockchain architectures and ecosystems 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 public offer processes.
If you’d like to request compliance services, fill out this form.
