Venga’s aggressive application increases the possibility of Mica approval. VENGA wants to provide the MICA compliance with the EU as a MICA compliance by 2025.
As part of the movement to strengthen compliance to regulatory practices, European encryption apps, Venga It was applied in advance to the market by the license of the crypto asset. This is the position of maintaining its outstandingness and continuing to be one of the most prestigious things in the European Union.
Preliminary application with the Spanish national regulatory organization, CNMV, has shown a strategic vision of VENGA for a very long proposal for MICA’s regulatory framework. The process of this preliminary application is divided into two phases, including providing opportunities to provide opportunities to interact with authorities before presenting a formal application. Therefore, Venga is preparing to make a simple transition to complete compliance, as the deadline of the MICA regulation framework is performed at the end of December 2025, as it has reduced the possibility of delay.
“From the first day, we have given priority to compliance. Compliance has successfully registered as a Spain and Polish virtual asset service provider (Vasp),” said Venga’s CEO, Michael Stroev. This license allows you to use advanced blockchain services throughout the European Union to further invade new digital financial products. Venga say.
Venga acts first to pursue Mica compliance
But this time, it will hit the correct notebook for VENGA. micaIt will be enforced on December 31, 2024 and will make a difficult request for European Caspuans. Through 2025, the transition period remains open, the CASP can be operated using national licenses, and the requirements will be more sophisticated and more detailed until Mica starts switching to MICA. As a result, Venga accepts the application process in advance to see if the policy and procedure meet the higher the worse. Therefore, it is possible to move forward.
MICA is a step toward the unification, clearness and safety of the European Union. Cipher marketTherefore, the industry will be confident in this. Venga’s early movement not only ensures the future, but also opens other CASP paths in light of the more complicated regulations.
According to ANA CAROLINA Oliveira, the highest compliance officer of Venga, installing an internal steps is very easy. According to her, “MICA not only has a license, but also has powerful compliance practices to guarantee transparency, prevent market operation, and avoid financial crimes.”
A mobile app via VENGA enables access to all citizens of the EU, distributing distributed finances, cryptocurrency transactions, and streaming. It brings Blockchain It is close to beginners and for experts. The newly established MICA license will definitely solidify Benga qualifications because it is a completely compliant encryption service provider that enables trust and safety in the European market.