Bitstamp Trusts Crypto Risk Metrics to Fulfill its ESG Reporting Requirements According to MiCAR
Frankfurt am Main, 23th December, 2024. We’re thrilled to announce that Bitstamp, one of the world’s longest-standing cryptocurrency exchanges, has chosen Crypto Risk Metrics as its trusted partner for delivering ESG data for crypto assets in accordance with the Markets in Crypto-Assets Regulation (MiCAR).
This partnership reflects the increasing importance of high-quality ESG data in the crypto industry’s ongoing evolution, as the demand for such data continues to grow. Bitstamp’s decision underscores their steadfast commitment to transparency, compliance, and sustainability – principles that are becoming increasingly critical as global regulatory frameworks take shape.
Why Bitstamp chose Crypto Risk Metrics
Bitstamp selected Crypto Risk Metrics after a rigorous evaluation process, which took into account potential conflicts of interest, technical capabilities, and the overall setup. This thorough assessment illuminated key distinctions among providers, with Crypto Risk Metrics emerging as the clear leader in delivering the comprehensive, reliable, and actionable ESG data required under MiCAR. Furthermore, Bitstamp’s choice reflects their proactive approach to avoiding any conflicts of interest by sourcing data from independent third parties, ensuring the integrity and credibility of their ESG initiatives.
Setting the standard for ESG data in crypto
At Crypto Risk Metrics, we have invested heavily in building a platform that meets the highest standards of quality and reliability. This milestone is a testamony to the effort and innovation we’ve put into our approach and the trust leading industry players place in our solutions.
We at Crypto Risk Metrics believe that ESG considerations are not just a regulatory requirement but also a cornerstone of responsible innovation in the crypto space. By working closely with forward-thinking companies like Bitstamp, we are helping to set new benchmarks for transparency and accountability in this rapidly evolving industry.
As MiCAR and other regulations continue to redefine the landscape, we remain dedicated to providing the tools and insights our clients need to lead with integrity and innovation.
We’re honored to partner with Bitstamp on this journey and look forward to supporting their ongoing efforts to meet and exceed global regulatory standards.
Stay tuned for more updates as we continue to drive progress in the ESG and crypto space!
Source: Crypto Risk Metrics
To gain a deeper understanding of the ESG disclosure requirements under the MiCAR regulation, explore our article on ESG Disclosure Requirements for Crypto-Asset Service Providers in Europe – Everything You Need to Know.
For further reading on our recent developments and partnerships, check out the following articles:
- Talos Partners with Crypto Risk Metrics to Help Clients Meet MiCA ESG Disclosure Requirements
- LCX Implements Conflict of Interest Free Crypto-ESG Data from Crypto Risk Metrics
- SMARTBROKER+ Enhances ESG Reporting with Crypto Data from Crypto Risk Metrics
- MiCAR Listing and Delisting Compliance for Crypto-Assets – Crypto Risk Metrics Extends Product Range
