On Monday, the Hedera team announced via X that it had become a founding member of the MiCA Crypto Alliance alongside Ripple and Aptos Foundation. With the mission to streamline compliance efforts across the blockchain industry, Hedera pointed out that the MiCA Crypto Alliance is advancing regulatory clarity and sustainability, helping crypto providers meet EU requirements.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0497 at press time, down 1% over the last 24 hours.