To give a concrete example and show that I walk the talk I created OffChain Luxembourg. It's a local community from Luxembourg and nearby "Grande Region" so we have a common cultural basis. We share the values and principles of the western civilisation: honest hard work, respect for both laws and moral principles. We have a vision : to create a bridge between the world of law and that of blockchain and cryptos, and a mission: to offer the first MiCA compliant token in Luxembourg. We use Hive as a platform and bank and bring money in the ecosystem. We are not anonymous, we know each other and meet IRL and have our IRL reputations at stake.
Now offering this token involves several steps mandated by the regulation, among which:
- Having a legal entity
- Having a MiCA-compliant CEx to safeguard other people's assets, etc.
Here we celebrate reaching milestone 2. above: bitFlyer Europe, a MiCA - compliant CASP has accepted our non-profit as a "business customer".