Catizen, a leading game platform in the TON ecosystem, has successfully completed the EU MiCAR (Markets in Crypto-Assets Regulation) framework notification with the Irish Central Bank. This achievement positions Catizen as one of the first major GameFi projects to align with EU compliance standards, marking a significant advancement in transparency and regulatory adherence for the blockchain gaming sector.
With a user base of 63.4 million, Catizen's compliance with MiCAR underscores its commitment to data transparency, user asset protection, and economic model integrity. This regulatory milestone lays a robust foundation for Catizen's upcoming Virtual World Asset (VWA) game and enhances its global market presence. The development is anticipated to facilitate a secure and compliant integration of Catizen's technology by traditional game developers in Europe, fostering a shift in the GameFi industry towards a value-driven model.
Catizen Secures EU MiCAR Compliance in Ireland, Boosting GameFi Standards
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