EMEA > EU crypto regulation fails to cover environmental impact of industry, warns think-tank

EU crypto regulation fails to cover environmental impact of industry, warns think-tank

Published 18:06 on April 21, 2023  /  Last updated at 18:44 on May 12, 2023  / Paddy Gourlay /  EMEA, International, Voluntary

Strong regulation on tokenising climate and biodiversity credits is urgently needed to avoid claims of greenwashing and mis-selling to consumers, a think-tank warned Friday, adding that the environmental impact of mining crypto assets was downplayed in legislation passed by the bloc's parliament this week.
Strong regulation on tokenising climate and biodiversity credits is urgently needed to avoid claims of greenwashing and mis-selling to consumers, a think-tank warned Friday, adding that the environmental impact of mining crypto assets was downplayed in legislation passed by the bloc's parliament this week.


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