BlockBeats News, October 1st, according to official sources, the TON ecosystem’s leading game platform Catizen’s whitepaper has officially completed the EU MiCAR (Markets in Crypto-Assets Regulation) framework notification at the Central Bank of Ireland, becoming one of the first large-scale GameFi projects to accomplish this registration. Catizen stated that this move signifies a significant breakthrough for the blockchain gaming industry in terms of compliance and transparency, setting a new standard for the GameFi ecosystem.
As the TON ecosystem’s platform with 63.4 million users, Catizen is continuously building a secure and trustworthy blockchain gaming ecosystem by adhering to EU regulatory requirements. This MiCAR certification not only demonstrates Catizen’s outstanding performance in data transparency, user asset protection, and economic model compliance but also provides a solid compliance foundation for its upcoming first Virtual World Asset (VWA) game.
Through the EU’s MiCAR framework notification, Catizen has further strengthened its presence in the global crypto trading market, providing a more reliable and extensive market for its 63.4 million users. This development will help more traditional game developers in the European market securely and compliantly access the Catizen technology platform, promote projects in Europe and other major crypto markets globally, and drive the entire GameFi industry from speculation-driven to value-driven transformation.
