On Monday, July 21, 2025, Floki made history by becoming the first cryptocurrency token to have a MiCAR-compliant White Paper officially registered with the European Securities and Markets Authority (ESMA). This milestone marks a significant step forward for the token, as it now has the authorization to be traded on regulated platforms throughout the European Union.
The registration process was completed through LCX, a regulated European exchange, and its National Competent Authority. This allows Floki to be legally listed and exchanged under the Markets in Crypto‑Assets Regulation (MiCAR) framework.
According to the filing, the White Paper was submitted by LCX and recorded by ESMA. This ensures that all required documentation has been thoroughly reviewed and documented by the relevant authorities before the asset can be listed on approved trading venues.
Admission to trading under MiCAR requires the submission of a White Paper to a national authority, who then notifies ESMA. Only crypto‑assets that successfully pass this procedure are permitted to be offered or traded on regulated platforms within the EU.
ESMA has published a notice confirming Floki’s listing on its interim MiCA register. However, it is important to note that the White Paper itself has not been approved by any individual authority in the EU, and the issuer remains fully responsible for its content.
LCX, the regulated European exchange that handled the submission on behalf of Floki, is recognized for its services in trading, tokenization, and digital asset operations. As one of Europe’s leading exchanges, LCX is committed to providing a secure and compliant platform for trading and exchanging digital assets.
This news is distributed by Pressat, a trusted press release distribution service.