VeChain has announced that its tokens have been confirmed by the European Securities and Markets Authority (ESMA) as compliant with European regulations.
ESMA Certification for VeChain
VeChain, a blockchain for real-world decentralized applications, announced reaching a significant milestone with the certification of its VET and VTHO tokens. They now comply with the Markets in Crypto-Assets Register (MiCAR) after submitting white papers to ESMA.
Advantages of MiCAR Compliance
According to VeChain, compliance with MiCAR allows not only regulatory adherence but also contributes to the main goal of legitimizing and integrating VeChain into the mainstream European market.
VeChain's Prospects in the EU
With MiCAR in place, VeChain can extend its services across all 27 EU member states. This standardization of crypto regulations enhances market integrity and investor protection, creating unique opportunities for projects like X-2-Earn, which incentivize users for sustainable actions.
VeChain's certification marks a significant step toward integration and growth in the European market thanks to new MiCAR regulations.
