MiCAR requirements for listing and delisting criteria for crypto assets

Frankfurt am Main, November 12th, 2024. With Title V of MiCAR coming into force December 30^th, 2024, Crypto Asset Service Providers are obliged to publish their listing- and delisting criteria on their website. Due to the absence of a common standard, Crypto Risk Metrics in cooperation with HTW Berlin conducted the worlds most comprehensive study on listing- and delisting criteria of crypto assets so far.

Crypto Risk Metrics relies on continuous compliance monitoring

Tim Zölitz, CEO of Crypto Risk Metrics, states: “We are already the leading provider of crypto esg data for exchanges to comply with the applicable regulation. Therefore, enhancing our product to comply with the required criteria for listing and delisting was a logical next step for us. One crucial part is that we also make sure the assets are constantly monitored against the criteria once laid out – one of the very prominent shortcomings in the approaches we have seen in the industry so far.”

Increased risk without constant monitoring of crypto assets

In fact, some of the exchanges do have listing criteria in place, but don’t follow up on material developments – such as decreasing liquidity, that bears the risk of higher spreads.

Findings from the world’s largest study on listing and delisting criteria for crypto assets

Prof. Dr.-Ing. Katarina Krüger from HTW Berlin adds: “We conducted the world’s largest study for listing and delisting criteria to date and gained valuable insights. Out of the 100 exchanges surveyed, only 14 had criteria for listing and delisting displayed on their website. When asked specifically about the criteria, only 20 out of 86 responded to our outreach, and only 7 provided criteria – occasionally lacking detail.”

With Crypto Risk Metrics listing and delisting tool, CASPs will be able to assess and monitor the crypto-assets they provide services for on a continuous basis, therefore fulfilling the requirements of the MiCA Regulation.

Contact us to find out more about how you can benefit from better control of your crypto asset listings.

Source: Press release Crypto Risk Metrics

For further reading on our recent developments and partnerships, check out the following articles:

• Coinmerce Chooses Crypto Risk Metrics for Reliable Crypto ESG Data to Ensure MiCAR Compliance
• ESG Disclosure Requirements for Crypto-Asset Service Providers in Europe – Everything You Need to Know
• Risk Management for Direct and Indirect Investments in Cryptocurrencies

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