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DeLorean’s $DMC Token Gains MiCA Approval, Pioneering Legacy Brand Entry into Web3
DeLorean’s $DMC Token Gains MiCA Approval, Pioneering Legacy Brand Entry into Web3
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BTCCSquare news:
DeLorean Labs has secured a regulatory milestone as its $DMC token becomes one of the first utility tokens from a legacy brand to be accepted under the EU’s Markets in Crypto-Assets Regulation (MiCA). The approval by Spain’s CNMV and ESMA paves the way for seamless expansion across Europe’s 450-million-person market.
MiCA’s unified framework eliminates fragmented national approvals, offering stronger consumer safeguards while accelerating cross-border adoption. The $DMC token avoids classification as a security, reinforcing its utility-focused design. This MOVE signals growing institutional confidence in crypto-assets as traditional brands bridge into Web3.
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