#Switzerland #Lausanne #YouHodler #MiCA Crypto Alliance #Crypto Sustainability

YouHodler's Ambitious Step into Sustainable Crypto Investing

In a pivotal move, YouHodler, a Switzerland-based Web3 financial technology platform, has officially joined the MiCA Crypto Alliance. This strategic collaboration aims to advance environmentally sustainable practices within the cryptocurrency investment sector. The MiCA Crypto Alliance, established by the DLT Science Foundation, seeks to enhance compliance with the Markets in Crypto-Assets (MiCA) regulation that is soon to take effect in the European Union. By entering this alliance, YouHodler is not only affirming its commitment to the crypto ecosystem but also emphasizing its dedication to transparency and sustainability.

Promoting Carbon Emission Disclosures

One of the primary goals of this partnership is to promote the disclosure of carbon emissions data related to various cryptocurrency tokens listed on YouHodler's exchange. The initiative is designed to empower users to make informed investment decisions informed by the environmental impact of their assets. By aligning with the MiCA's focus on sustainability indicators, YouHodler is enhancing its commitment to environmental responsibility tapping into the growing market for conscious investment.

Ilya Volkov, CEO and co-founder of YouHodler, expressed excitement about this partnership: "Joining the MiCA Crypto Alliance allows us to contribute to fostering sustainability, cooperation, and compliance within the cryptocurrency industry. We are not merely looking to meet the MiCA standards; we aim to lead the sector in establishing practical benchmarks for transparency and responsible growth."

Strengthening ESG Initiatives

This collaboration aligns conveniently with YouHodler's long-standing advocacy for environmentally friendly practices in the cryptocurrency realm. The company has been active in promoting Environmental, Social, and Governance (ESG) initiatives which aim to improve overall accountability and ethical standards in this rapidly evolving landscape. As part of this effort, the newly established sustainability benchmarking tool, created in partnership with the Alliance, will provide customers access to clear, actionable data concerning the carbon footprints associated with their token portfolios.

Juan Ignacio Ibañez, Secretary General of the MiCA Crypto Alliance, shared enthusiasm about YouHodler's participation: "YouHodler's onboarding amplifies our mission to advance clarity, fairness, and sustainability in the cryptocurrency industry. By acting as facilitators among crypto asset service providers and exchanges, alongside blockchain projects, we aim to publish MiCA-compliant white papers integrating our ESG data, forming the largest database currently available in the industry. We are thrilled to combine efforts to set new industry responsible practices."

Navigating EU Regulatory Landscape

The MiCA framework represents a significant step forward in the EU's regulatory landscape by safeguarding consumers and investors through comprehensive requirements for crypto-asset providers. Despite its advancements, the current iteration lacks uniformity in certain aspects like sustainable development reporting. The Alliance is tackling this gap by promoting collaboration among its members, aiming to simplify compliance processes, reduce financial burdens, and uphold high industry standards.

About the MiCA Crypto Alliance

Established with support from the DLT Science Foundation and Exponential Science, the MiCA Crypto Alliance brings together leading blockchain projects, including Ripple, Hedera, and Aptos Foundation, with the mission to streamline compliance with the MiCA regulations. The alliance focuses on standardizing compliance efforts among its members, offering exclusive resources such as sustainability indicators and whitepaper development tools designed to help meet the MiCA's requirements. By leveraging their collective expertise, the alliance aims to lessen the complexity and associated costs of compliance while establishing high standards for market integrity and consumer protection.

For further information regarding membership in the MiCA Crypto Alliance, please visit www.micacryptoalliance.com. For press inquiries, reach out to [email protected].

About YouHodler

YouHodler stands out as a leading Web3 platform located in Switzerland and the European Union, delivering innovative financial technology solutions that effortlessly bridge traditional fiat services with cryptocurrencies. Its comprehensive field of offerings includes cryptocurrency-collateralized loans, crypto reward accounts, and universal currency exchanges. Designed to be user-friendly and intuitive, YouHodler's full-service platform is robust enough to conduct advanced strategic transactions within the fast-paced world of cryptocurrencies.