#Crypto.com Granted MiCA License#

Crypto.com has received in-principle approval for a MiCA license from the Malta Financial Services Authority, which will enable it to operate fully across the European Union. This means that Crypto.com is expected to receive its full CASP license soon, allowing it to serve customers in the 27-nation European trading bloc. Receiving full regulatory approval will enable Crypto.com to provide its market-leading crypto services across the EU under a streamlined and robust framework, significantly enhancing transparency in the industry. It is noteworthy that Crypto.com is not the first crypto service provider to receive a MiCA license. Boerse Stuttgart Digital, a subsidiary of German stock exchange operator Stuttgart Stock Exchange, has already received a MiCA crypto-asset service provider license from Germany's financial regulator BaFin and plans to expand its services to European financial institutions. Additionally, financial services provider Tradevest has also secured a cryptocurrency custody and securities registration license from Germany's Federal Financial Supervisory Authority (BaFin). These events mark progress in EU cryptocurrency regulation, providing a clearer framework for legitimate crypto operations in Europe.