VELO Protocol Releases MiCA White Paper as EU Rules Take Effect
VELO Protocol submitted a mandatory MiCA white paper to regulators as the EU's new crypto rules take effect, marking a formal step to operate in European markets. The filing outlines the protocol's disclosures required under the Markets in Crypto-Assets framework and indicates VELO's intent to meet governance and consumer-protection standards set by the bloc.
The move is broadly positive for market access and trust: compliance can clear regulatory uncertainty and make it easier for VELO to offer products to EU users and partners. As MiCA goes live, VELO's action could prompt other protocols to accelerate filings, potentially smoothing institutional engagement and cross-border crypto services across Europe.