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- VeBetter’s $B3TR token has been approved by ESMA under the EU MiCAR framework.
- The approval allows VeBetter to expand its sustainable Web3 ecosystem across EU nations with full compliance.
VeBetter, a sustainability-focused Web3 ecosystem based on the VeChain network, has made a significant regulatory breakthrough. Its native token, $B3TR, has been included in the European Securities and Markets Authority (ESMA) crypto register under the European Union’s Markets in Crypto-Assets Regulation (MiCAR) framework.
The approval comes after similar listings for VeChain’s VET and VTHO tokens, strengthening the network’s move towards full compliance in European markets. Through MiCAR recognition, VeBetter gains the right to operate legally in all EU member states, offering what industry stakeholders refer to as a ‘regulatory passport’.
Vechain noted,
“With compliant status obtained, VeBetter positions itself as one of the first viable candidates to become a mainstream Web3 app store for real-world utility.”
VeBetter’s ecosystem is intended to tokenize and incentivize healthy actions in the physical world. Users receive $B3TR tokens for engaging in daily activities such as energy conservation, waste reduction, exercising, or maintaining a healthy lifestyle. These rewards are wrapped up into more than 40 decentralized applications that have helped in creating nearly 40 million token actions, as well as gaining over 5 million active addresses.
The ESMA confirmation marks a significant milestone for the project’s growth. It makes VeBetter one of the first Web3 app stores to achieve full regulatory alignment with the EU. VeBetter’s ecosystem already includes successful community applications such as Mugshot and GreenCart, known for their ease of use and realistic benefits in the real world.
The $B3TR token also serves as a governance and reward tool, enabling users to participate in community decision-making while benefiting from their contributions towards sustainability.
Whitepaper 2.0: Integrating AI and Web3
Alongside the update to the regulation, VeChain also unveiled the VeBetter Whitepaper 2.0, outlining the move to an AI-driven economic model. The paper predicts that artificial intelligence will soon become a major player in the global economy, affecting trillions of dollars in transactions over the next decade.
In this framework, AI agents are expected to oversee logistics, capital allocation, and mobility systems, with the decentralized basis for these systems being the VeBetter platform. The perfect combination of integrating AI technology, decentralized governance, and regulatory compliance forms the roadmap for global adoption at scale.
VeChain Market Overview
VeChain (VET) continues to hold a solid position in the digital asset market. The token is trading at $0.022, a 1.88% daily decline, at a market capitalisation of around $1.9 billion and a daily trading volume of $38 million. Over the past 24 hours, VET has fluctuated between $0.02131 and $0.02291.
Market analyst Egrag Crypto maintains a positive outlook on VeChain’s long-term performance, with the coin expected to reach the $0.18 mark in the near future phases of the market cycle and potentially $ 2.50 in the long term. As we previously reported, the analyst marks $0.1 as a crucial “macro-bottom,” which he defines as a level below which VeChain could build a new basis for significant upward progression.