MiCA Crypto Alliance Reports

Stay Updated on MiCA Developments

The MiCA Crypto Alliance is your trusted source for insights and updates on MiCA regulation. We focus on simplifying compliance, standardising white paper content, and improving sustainability indicators. 

Access key reports, expert analysis, and the latest developments in crypto regulation and sustainability.

BILLY MiCA White Paper

This MiCA-compliant white paper provides an independently authored analysis of Billion Dollar Cat (BILLY), a Bitcoin Rune–based token. It combines legal precision with technical insight to outline the project’s issuance framework, token characteristics, and classification as a non-utility crypto-asset under MiCA Title II.

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APRA MiCA White Paper

This MiCA-compliant white paper provides an independently authored analysis of Apraemio Ltd. and its APRA utility token. It combines legal precision with technical detail to outline the token’s framework, rights and limitations, and its role in enabling access to curated goods and services within the Apraemio ecosystem.

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Feedback on ESMA’s MiCA XBRL Implementation Work

This report shares the Alliance’s formal feedback on ESMA’s MiCA XBRL implementation work, including the taxonomy and conversion tool, ahead of the entry into application of Commission Implementing Regulation (EU) 2024/2984 in December 2025. It highlights technical concerns around formatting, validation rules, and usability, while positioning the Alliance as a trusted contributor bringing practical experience in MiCA white paper implementation.

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XDC MiCA White Paper

This MiCA-compliant white paper provides an independently authored analysis of the XDC Network and its native token, XDC. It combines legal precision with technical depth to examine the network’s consensus framework, interoperability features, and the token’s role in powering trade finance and real-world asset applications.

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TKFG MiCA White Paper

This MiCA-compliant white paper provides an independently authored analysis of Tokenforge. It brings together legal precision and technical insight to outline the project’s framework, functionality, and role within the broader digital asset ecosystem.

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HBAR MiCA White Paper

This MiCA-compliant white paper is an independently authored analysis of Hedera, a Layer 1 network. It combines legal precision with deep technical understanding of the product ecosystem.

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Feedback on MESMERICE Sustainability Standards for Crypto Assets

This report shares the Alliance’s formal feedback on the MESMERICE study following our participation in both the interview and webinar phases. It addresses key concerns around energy use, carbon estimates, and the treatment of blockchain protocols.

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Response to FCA Discussion Paper DP25/1 – Regulating Cryptoasset Activities

A joint response by the MiCA Crypto Alliance and the UK Centre for Blockchain Technologies to the FCA’s Discussion Paper DP25/1, addressing key regulatory considerations for cryptoasset activities. The submission offers both industry and academic perspectives on how to ensure market integrity, consumer protection, and responsible innovation in the UK’s evolving crypto framework.

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Environmental Impact of ASIC Resistant Coins

This report examines the ecological footprint of ASIC Resistance in Proof Of Work networks, benchmarking energy use, carbon emissions, and e-waste generation against ASIC-based mining ecosystems.

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A Comparative Analysis of MiCA White Paper Requirements

This report offers a structured comparison of MiCA’s white paper requirements for OTH, EMT, and ART tokens. It highlights key overlaps, category-specific disclosures, and structural inconsistencies to support clearer, more aligned compliance practices across the crypto industry. Ideal for teams drafting or reviewing regulatory disclosures.

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Milan DARTE Roundtable Report: Legal Uncertainty in the Application of Title II MiCAR

This is a report from the Milan DARTE roundtable, held at Università Bocconi. Organised by BlackVogel and Siedler Legal in collaboration with MiCA Crypto Alliance, and supported by the European Commission, Project Catalyst and thinkBLOCKtank, it explores legal risks under MiCAR’s Title II, third-party whitepaper challenges and insider trading enforcement issues, with practical recommendations for regulators and service providers across Europe.

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The Unintended Carbon Consequences of Bitcoin Mining Bans: A Paradox in Environmental Policy

This report explores how Bitcoin mining bans can unintentionally raise global carbon emissions. Modeling shows that when mining is banned in low-carbon regions, operations shift to more polluting areas. The study highlights carbon leakage risks and urges smarter, incentive-based regulation.

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To Announce or to Deliver: Assessing Real MiCA Compliance

This report evaluates whether crypto-asset service providers are delivering on their public sustainability commitments under MiCA. By comparing announcements with actual ESG data availability, downloadability, and Article 6.8 alignment, the findings highlight a clear benchmark set by the MiCA Crypto Alliance. Research conducted between 29 January and 17 February 2025.

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YouHodler MiCA Compliant Whitepaper

Bringing together our expertise, AI innovation, and the industry’s largest ESG database, we partnered with YouHodler to produce a MiCA-compliant whitepaper. Submitted to CONSOB on 13 February 2025. Download now for the full data.

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Mining the Future: Bitcoin’s Carbon Footprint and the Path to 2030

Is Bitcoin mining on track to lower emissions? New data confirms findings from the 2021 NYDIG report, revealing a major shift towards renewable energy. Discover how MiCA compliance is shaping a more sustainable future in the Mining the Future report.

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Stablecoin Standards: A MiCA Compliance Review of Key Players

Is Bitcoin mining on track to lower emissions? New data confirms findings from the 2021 NYDIG report, revealing a major shift towards renewable energy. Discover how MiCA compliance is shaping a more sustainable future in the Mining the Future report.

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Timeline to MiCA Compliance

Outlining the necessary steps to take over the next four years.

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