Venga’s Strategic MiCA Compliance and DeFi Adoption Push Highlighted by CEO Michael Stroev
European crypto service provider Venga is intensifying efforts to align with the EU’s Markets in Crypto-Assets (MiCA) regulatory framework by initiating a pre-application with Spain’s CNMV, aiming for full compliance before the December 2025 deadline. At Paris Blockchain Week 2025, CEO Michael Stroev emphasized Venga’s dual strategy: ensuring regulatory readiness while driving mainstream crypto adoption and DeFi innovation. Operating as a registered Virtual Asset Service Provider (VASP) in Spain and Poland, Venga offers euro deposits, crypto purchasing, and asset management, positioning itself as a fiat onramp and a curated marketplace for DeFi and Web3 projects. Stroev noted user education and project vetting as primary adoption hurdles, stressing Venga’s role in simplifying entry for newcomers. Despite regulatory headwinds and past industry crises, Stroev remains optimistic, pointing to MiCA’s potential to unify EU crypto markets and Venga’s planned product expansions for 2025. Traders should watch Venga’s proactive compliance as a model for the sector and anticipate wider EU crypto adoption and product diversity ahead.
Bullish
Venga’s pre-application for MiCA compliance signals a strong commitment to regulatory clarity, which typically boosts investor confidence. The company’s proactive strategy and focus on DeFi and Web3 adoption, accompanied by plans for new products, suggest potential growth in user base and transaction volumes. As MiCA aims to harmonize EU crypto regulations, this could reduce operational risks and lower barriers for mainstream entry, attracting both retail and institutional traders. Historical precedents show that regulatory progress and increased fiat onramp options often lead to positive sentiment and higher trading activity. Venga’s example may prompt similar actions from other providers, further supporting a bullish narrative for the European crypto market over the mid- to long-term.