EUME TOKEN – Info
In 2024, the Law on Cryptocurrencies within the EU was adopted. The implementation of the Law starts in mid-February.
All holders of European cryptocurrencies must harmonize rules, organization, protection, protocols, privacy, transactions, registration, etc. With the aforementioned MICA Law, obtaining licenses and approvals will take several months.
This is the final countdown to public crypto exchanges within the EU.
TIME UNTIL IPO
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IPO value: $12.60 USD
Other informatition:
EUME Token SmartContract:
0xc15fe0c358eC8640c6F25a67a092554176168A7d
News about us
Here is a summary of 20 theses on the main obligations, rules and user protections that cryptocurrency holders must satisfy within the EU under the European Commission’s latest MiCA law. That is the reason why you are waiting and there is a huge job ahead of our team and investors from Israel. Support, development, innovation and placement will come from Brussels, EU.
1. Licensing and Registration: All Cryptocurrency Service Providers (CASPs) must be licensed and registered in an EU Member State.
2. Transparency and disclosure: Cryptocurrency owners and service providers must provide clear and transparent information about tokens, including white papers with key data.
3. Obligations to inform users: Users must be provided with detailed information about the risks associated with investing in cryptocurrencies.
4. User protection: Ensuring user rights, including protection against losses due to technical errors or fraud.
5. Obligation to protect user funds: User funds must be segregated from company funds to prevent misuse.
6. Anti-Money Laundering (AML) Rules: Strict enforcement of AML rules, including customer identity verification (KYC) and reporting of suspicious transactions.
7. Privacy protection: Ensuring the protection of users’ personal data in accordance with GDPR standards.
8. Stablecoins Rules: Strict rules for stablecoin issuers, including ensuring sufficient reserves to support tokens.
9. Rules for large stablecoin issuers: Greater regulatory obligations for issuers with significant market power.
10. Prohibition of “Greenwashing”: Obligation to provide truthful data on the sustainability of cryptocurrencies to prevent false advertising of environmental characteristics.
11. Cyber security and resilience: Implementation of measures to prevent hacking and ensure the technical resilience of platforms.
12. Reporting to regulators: Regular reporting to national and EU regulators about business activities and risks.
13. Initial Token Offering (ICO) Rules: Rules on transparency and investor protection during initial token issuance.
14. Prohibition of misleading advertising: Advertising of cryptocurrencies in a way that misleads users is prohibited.
15. Risks of Volatility: Informing users about the risks associated with the volatility of the value of cryptocurrencies.
16. Consumer Rights: Consumers must have the right to legal protection in the event of fraud or unfair practices.
17. Promotion of innovation: The regulation allows for a balance between the protection of users and the promotion of innovation in the sector.
18. Rules for NFTs (Non-Fungible Tokens): Specific rules for NFTs, which depend on their purpose and use.
19. European passporting: Service providers can operate throughout the EU after obtaining a license in one member state.
20. Sanctions for non-compliance: High penalties for entities that violate regulations, including bans and financial penalties.
The EU MiCA law aims to create a regulated and safe environment for cryptocurrency users, while promoting sustainability and innovation in the sector.
The EUME token can no longer be purchased.
Do not send us messages or ask for illegal means.
The initial capitalization was completed according to the first owners, and the rest will go to the market, shares and will be partially released into the EU Metaverse system.
Follow the legal preparations within the EU.
Thank you all for your patience.