VeChain CEO Talks MiCA Approval and Real-World Utility—Why UFC’s Dana White Backs the Project
- VeChain secures MiCA compliance, unlocking EU-wide market access.
- UFC partnership supports real-world blockchain utility and environmental initiatives.
- New products like the B3TR Card aim to drive mass adoption and user retention.
VeChain CEO Sunny Lu recently discussed the project’s achievement of MiCA compliance, which granted it regulatory approval to operate across 27 EU nations. In an interview on the Thinking Crypto podcast, Lu outlined VeChain’s regulatory journey, growth strategies, and plans to drive real-world blockchain utility through tokenized rewards.
How Does MiCA Approval Help VeChain Expand in Europe?
Notably, VeChain’s VET and VETHOR tokens have been approved under the Markets in Crypto-Assets (MiCA) framework, a European Union regulation that unifies crypto rules across member states. According to Lu, this approval enables VeChain to expand across Europe without navigating individual country-level licenses.
“MiCA works like a Schengen visa,” Lu explained, comparing it to Europe’s border-free travel system. “With one license, we can operate in 27 countries.”
Related: VeChain (VET) Now Directly Tradable in Euros on Whi…
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VeChain CEO Talks MiCA Approval and Real-World Utility—Why UFC’s Dana White Backs the Project
- VeChain secures MiCA compliance, unlocking EU-wide market access.
- UFC partnership supports real-world blockchain utility and environmental initiatives.
- New products like the B3TR Card aim to drive mass adoption and user retention.
VeChain CEO Sunny Lu recently discussed the project’s achievement of MiCA compliance, which granted it regulatory approval to operate across 27 EU nations. In an interview on the Thinking Crypto podcast, Lu outlined VeChain’s regulatory journey, growth strategies, and plans to drive real-world blockchain utility through tokenized rewards.
How Does MiCA Approval Help VeChain Expand in Europe?
Notably, VeChain’s VET and VETHOR tokens have been approved under the Markets in Crypto-Assets (MiCA) framework, a European Union regulation that unifies crypto rules across member states. According to Lu, this approval enables VeChain to expand across Europe without navigating individual country-level licenses.
“MiCA works like a Schengen visa,” Lu explained, comparing it to Europe’s border-free travel system. “With one license, we can operate in 27 countries.”
Related: VeChain (VET) Now Directly Tradable in Euros on Whi…
The post VeChain CEO Talks MiCA Approval and Real-World Utility—Why UFC’s Dana White Backs the Project appeared first on Coin Edition.
Read More