#Crypto.com Granted License in Malta#
Hot Topic Overview
Overview
Crypto.com has received in-principle approval from the Malta Financial Services Authority, bringing it closer to obtaining a European Union (EU) Markets in Crypto-Assets (MiCA) license. This means Crypto.com is expected to soon receive its full CASP license, allowing it to serve clients in the European trading bloc of 27 nations. Obtaining MiCA authorization will enable Crypto.com to offer its market-leading crypto services across the EU, enhancing transparency within the industry. Crypto.com will join the ranks of companies such as Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and major brokerage and clearing firm Hidden Road as MiCA-licensed entities.
Ace Hot Topic Analysis
Analysis
Crypto.com has recently received in-principle approval from the Malta Financial Services Authority, bringing it closer to obtaining a European Union Markets in Crypto-Assets (MiCA) license. This means Crypto.com is expected to receive its full CASP license soon, allowing it to serve customers within the 27-nation European trading bloc. Obtaining a MiCA license will enable Crypto.com to offer its market-leading crypto services across the EU, enhancing transparency within the industry. Crypto.com will join the likes of Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and Hidden Road, among others, in obtaining MiCA licenses. Notably, Boerse Stuttgart recently also became the first crypto service provider in Germany to receive a MiCA license. These events signal that the crypto industry is actively seeking regulatory compliance and striving to operate under a unified regulatory framework, which will contribute to increased transparency and user trust within the industry.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto.com receives Maltese MiCA in-principle approval, bringing it closer to operating across the EU.
Obtaining a MiCA license will allow Crypto.com to offer its market-leading crypto services across the EU, enhancing transparency in the industry.
Crypto.com will be the first global exchange to operate in the EU under a unified regulatory framework.
The MiCA license will allow Crypto.com to serve clients in the European trading area composed of 27 countries.