TechFlow news, January 16 — According to an official announcement, HTX DAO has recently officially released a whitepaper for its governance token compliant with the European Union's Markets in Crypto-Assets Regulation (MiCA, Regulation (EU) 2023/1114). This move marks HTX DAO’s further alignment with global mainstream regulatory frameworks in terms of information disclosure, governance standards, and compliance transparency. HTX DAO stated that it will continue advancing its governance practices within compliant frameworks, providing users with a clearer, safer, and verifiable information environment, and steadily building a more transparent HTX DAO ecosystem.
Supported by Huobi HTX and TRON, HTX DAO is a decentralized autonomous organization co-developed by community members, early contributors, and global advisors, dedicated to building an open governance ecosystem led by users, with transparent rules and efficient collaboration. Upholding the principle of "holding tokens means governance," HTX DAO has progressively implemented listing-via-voting governance mechanisms and token burning initiatives. The latest data shows that HTX DAO has cumulatively burned 99.49 trillion $HTX tokens—nearly 10% of the total supply—with a total value of approximately $186 million.
