HTX DAO releases a governance token white paper compliant with the EU MiCA regulations, promoting governance transparency with high standards of compliance

According to official news, HTX DAO has recently officially released a governance token white paper that complies with the European Union's Markets in Crypto-Assets Regulation (MiCA, Regulation (EU) 2023/1114) standards. This move marks HTX DAO's further alignment with global mainstream regulatory frameworks in terms of information disclosure, governance norms, and compliance transparency. HTX DAO stated that it will continue to promote governance practices within the compliance framework in the future, providing users with a clearer, safer, and verifiable information environment, and steadily building a more transparent HTX DAO ecosystem.

HTX DAO, initiated with the support of Huobi HTX and TRON, is a decentralized autonomous organization involving community members, early contributors, and global advisors, dedicated to creating an open governance ecosystem that is user-led, transparent in rules, and efficient in collaboration. Upholding the philosophy of "holding tokens means governance," HTX DAO has gradually implemented voting mechanisms for token listing and token burn mechanisms. The latest data shows that HTX DAO has cumulatively burned 994 trillion $HTX, close to 10% of the total issuance, with a total burned value of approximately $186 million.