#Crypto.com receives MiCA license#
Hot Topic Overview
Overview
Crypto.com has received in-principle approval for its MiCA license from the Malta Financial Services Authority, meaning it will soon receive a full CASP license, enabling it to offer services across the European Union. This follows Boerse Stuttgart Digital, a subsidiary of German stock exchange operator Boerse Stuttgart, receiving a MiCA crypto asset service provider license from German regulator BaFin. Obtaining a MiCA license will enable Crypto.com to operate within a unified regulatory framework in the EU and increase transparency within the industry.
Ace Hot Topic Analysis
Analysis
Crypto.com has received in-principle approval for a MiCA license from the Malta Financial Services Authority, meaning it will soon receive a full CASP license allowing it to operate across the EU. This makes Crypto.com the first global exchange to operate in the EU under a unified regulatory framework.In addition to Crypto.com, Boerse Stuttgart Digital, a subsidiary of German stock exchange operator Boerse Stuttgart, has received a MiCA crypto asset service provider license from German regulator BaFin, planning to expand services for European financial institutions. Furthermore, financial services provider Tradevest has obtained a cryptocurrency custody and securities registration license from Germany’s Federal Financial Supervisory Authority (BaFin).These events suggest that Europe is actively pushing for crypto industry regulation and providing a clearer regulatory environment for crypto companies, which will contribute to the healthy development of the crypto industry.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto.com receives in-principle approval for MiCA license, meaning it will soon obtain the full CASP license, allowing it to operate across the European Union.
The MiCA license will enable Crypto.com to offer its market-leading crypto services throughout the EU, enhancing transparency within the industry.
Boerse Stuttgart Digital becomes the first crypto service provider in Germany to obtain MiCA license, aiming to expand its services for financial institutions in Europe.
MiCA regulation will provide a unified regulatory framework for crypto-asset service providers, fostering healthy growth of the crypto industry within the EU.