In a landmark achievement for our energy-based cryptocurrency network, we’ve just secured full approval under the EU’s Markets in Crypto-Assets (MiCA) regulation. This pivotal step not only underscores our unwavering commitment to regulatory excellence but also positions us as a leader in bridging sustainable energy with blockchain technology across the European Union.
MiCA, which establishes uniform rules for crypto-assets throughout the 27 member states, emphasizes consumer protection, financial stability, and the prevention of market abuse. Adopted by the European Parliament in April 2023, the framework began partial enforcement for stablecoins in June 2024, with full activation set for December 2024. For us, this approval means seamless operations across the EU without the hassle of individual national licenses, unlocking passporting rights that streamline our expansion. Just last month, in July 2025, the EU approved 53 crypto firms under MiCA, though giants like Tether and Binance encountered delays amid heightened scrutiny.
This milestone arrives amid a global regulatory renaissance. While the U.S. SEC ramps up enforcement against unregistered securities in 2024 and 2025, and China maintains its strict crypto ban, MiCA stands out as a balanced model that fosters innovation while safeguarding users. With the crypto market projected to hit $10 trillion by 2030, our compliance aligns perfectly with this growth trajectory.
For our users and investors, this translates to unparalleled security, including stringent custody rules that protect assets even in unlikely platform disruptions. It also opens doors to partnerships with traditional financial institutions, inviting institutional capital and boosting liquidity. Looking ahead, we’re accelerating our roadmap: launching EU-specific features, enhancing scalability to over 100,000 transactions per second, and fostering interoperability with other blockchains.
This approval reflects the crypto industry’s maturation since the 2022 FTX collapse, which spurred worldwide calls for oversight. Community feedback during our process highlighted the need for clear regulatory paths, and MiCA delivers just that. As regulators in Asia and Latin America consider similar frameworks-bolstered by the 2024 G20 consensus-our proactive stance positions us at the forefront of global adoption.
Ultimately, MiCA validation affirms our vision of energy as money, reducing volatility and attracting long-term holders. We’re excited to collaborate with EU authorities on future policies, ensuring a connected, compliant ecosystem that benefits everyone. Stay tuned for more updates as we power forward!