Heading: Crypto.com Expands Services in the EU with MiCA Approval
- Crypto.com secures the MiCA license for EU expansion
- Joining other crypto firms with regulatory approval in the EU
Crypto.com has successfully obtained the Markets in Crypto Assets (MiCA) approval, allowing the exchange to broaden its services and products within the European Union. The announcement was made through a recent news release on Jan. 17.
Advancing into the European Market
With the in-principle license from MiCA, Crypto.com is on track to achieve full regulatory approval, positioning itself as a pioneer among crypto service providers in the EU. This license grants companies access to operate across the 27 nations of the European trading bloc, enabling Crypto.com to offer a diverse range of crypto services throughout the region.
Under the leadership framework of the European Union, emphasizing accountability and transparency in the industry, Eric Anziani, President and COO of Crypto.com, expressed:
“We fully support MiCA and believe it will enhance clarity, transparency, and streamline regulation in our industry across the EU, boosting confidence in the crypto sector.”
Since the passage of crypto legislation in 2023, companies have been striving to secure a crypto asset service provider license under MiCA. Crypto.com now joins the ranks of other platforms that have obtained MiCA licenses, such as Boerse Stuttgart Digital, MoonPay, Circle, and Coinbase, ahead of the full implementation of MiCA regulations on December 30, 2024.