Naocoin has initiated the MiCA authorization process

Naocoin announces that it has formally begun the procedure to request authorization as a crypto-asset service provider in compliance with the EU Markets in Crypto-Assets Regulation (MiCA).

This milestone highlights our continued commitment to operating with maximum transparency, security, and regulatory compliance, positioning us at the forefront of the European digital services landscape.

The authorization process, which is particularly complex and rigorous, involves an in-depth review by national supervisory authorities. Throughout this path, we will actively collaborate with the Bank of Italy and Consob, fully adhering to the requirements set out by the new European regulatory framework.

Starting this procedure is a strategic decision that strengthens our commitment to offering our clients a solid, regulated, and investor-oriented environment.

What does this mean for our clients?
Embarking on this path today means ensuring a series of concrete benefits right from the start:

• Anticipating Security Standards: We are already implementing MiCA’s strict requirements on asset custody, wallet protection, and corporate governance.

• Full Transparency: We are working to ensure that all communications and disclosures are clear, accurate, and complete, as required by the Regulation.

• Enhanced Protection: MiCA introduces advanced consumer protection and complaint mechanisms, which we are aligning with.

• Compliance Advantage: Choosing a service that adopts MiCA standards in advance means investing with greater confidence in a more stable and controlled ecosystem.

The Naocoin Team