IoTeX has announced the release of a MiCA-compliant whitepaper for its IOTX token, aligning with the European Union's Markets in Crypto-Assets Regulation. This document adheres to MiCA's stringent disclosure requirements for utility tokens, detailing aspects such as design, governance, and associated risks. The compliance ensures regulatory clarity for IOTX across all 27 EU member states.
Raullen Chai, CEO of IoTeX, highlighted MiCA as a global standard for transparency in the crypto sector. The whitepaper facilitates the integration of IOTX with regulated exchanges and custodians, enhancing its accessibility and compliance within the European market.
IoTeX Secures MiCA Compliance for IOTX Across EU
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