03Projects / Blockchain, law and society
The EU regulation on crypto-assets read title by title, and three UN sustainability targets it could serve: credit for small firms, access to financial services, cheaper remittances.
A group presentation on MiCA, the EU regulation on markets in crypto-assets (Regulation 2023/1114), and on where it meets sustainability. It starts from what sustainability means, from the Brundtland report to the triple bottom line and the 2030 Agenda, and then reads the regulation title by title: white papers, stablecoin reserves, licences for service providers, market abuse, supervision.
Then it picks three UN targets and shows how MiCA could serve each. Small firms could get credit through invoices turned into tokens by smart contracts, on authorized platforms that keep clients’ assets apart (SDG 9.3). The digital wallet could become a safe place to save, now that white papers carry liability and custodians answer for hacks (SDG 8.10). Euro and dollar e-money tokens, redeemable at par, could bring the cost of remittances toward the 3% target (SDG 10.c). These effects are argued, not measured.
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