To Announce or to Deliver: How MiCA Compliance Announcements Differ

The MiCA Crypto Alliance has released a new report evaluating whether crypto-asset service providers (CASPs) are delivering on their public sustainability commitments under MiCA. Conducted between 29 January and 17 February 2025, the research compares public announcements with actual ESG data availability, downloadability and alignment with Article 6.8 of the Delegated Regulation.

Our review assessed 20 public partnerships between CASPs and ESG data providers against seven key indicators:

• Accessible ESG data
• Downloadable reports
• Standardised formats for CASP comparison
• Optional environmental metrics (such as water usage and e-waste)
• Clear, readable disclosures
• Alignment with Article 6.8 requirements
• Transparent methodologies for estimation and offsetting

Findings:

• Only 35% of CASPs that announced ESG partnerships had published data
• Just 25% provided disclosures that were both accessible and usable
• Optional metrics such as water usage and e-waste were largely absent
• Comparability across CASPs was almost nonexistent

These results highlight a significant gap between sustainability claims and regulatory compliance. MiCA sets a clear benchmark: credible, transparent frameworks that turn announcements into actionable disclosures. This is the standard the MiCA Crypto Alliance is committed to advancing.

Read the full report.