VeChain Gains MiCAR License, VET Price Surges 7.5%

VeChain Gains MiCAR License, VET Price Surges 7.5%
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VeChain has secured a MiCAR license, becoming one of the first enterprise-grade blockchains to comply with EU crypto regulations. The VET token surged 7.5%, crossing $0.02675, as development activity grew by 520%.

  • VeChain's MiCAR license positions it as a leader in EU-compliant enterprise blockchain solutions.
  • The 'Stargate' upgrade introduces a revamped staking model and boosts network scalability.
  • VET's trading volume surged 34%, with open interest up 11.4%, reflecting heightened market activity.
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