Cardano Foundation brings MiCA compliance to the Cardano network
Cardano Foundation and Crypto Carbon Ratings Institute (CCRI) released MiCA-compliant sustainability indicators for the Cardano network. This ensures compliance with upcoming EU Markets in Crypto-Assets (MiCA) regulation. Key findings include Cardano's energy-efficient protocol, annual electricity consumption of 704.91 MWh, carbon footprint of 250.73 tCO2e, and marginal power demand per TPS of 0.192 W. The report, developed using scientific methodologies, aims to enhance transparency and sustainability, setting a benchmark for blockchain networks. Leaders from both organizations emphasized the importance of sustainability and regulatory compliance in the crypto sector.
