F. Virtual Asset Mining and Data-Intensive Activities
Effective from Feb 07 2023 - Feb 06 2023
To view other versions open the versions tab on the right
1. | Notwithstanding a VASP’s ESG disclosure level, all VASPs which have investments in Virtual Asset mining or staking businesses or conduct or facilitate Virtual Asset mining or staking activities [including by way of selling equipment] shall make publicly available in a prominent place on their website, up-to-date information related to— |
|||
a. | the use of renewable and/or waste energy [e.g. hydroelectric energy, flared gas] by the VASP or its Group in the course of conducting Virtual Asset mining or staking activities [e.g. any renewable energy certificates purchased by the VASP and/or relevant Entities]; and | |||
b. | initiatives relating to decarbonisation [e.g. purchase of carbon offsets] and emission reduction of Virtual Asset mining or staking activities. |
|||
2. | VARA may also require VASPs to provide the information referred to in Rule V.F.1 of this Company Rulebook in relation to other data-intensive activities. |