#Crypto.com Receives EU License#
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’s Markets in Crypto-Assets (MiCA) license. This means Crypto.com is expected to receive its full CASP license soon, allowing it to serve clients across the entire European trading zone. This follows similar approval for companies like Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and Hidden Road. Obtaining full regulatory approval will allow Crypto.com to offer its market-leading crypto services across the EU, thereby increasing transparency in the industry. Notably, Boerse Stuttgart has become the first crypto service provider in Germany to receive a MiCA license.
Ace Hot Topic Analysis
Analysis
Crypto.com has recently received in-principle approval for a European Union Markets in Crypto-Assets (MiCA) license from the Malta Financial Services Authority, marking a significant step towards its full-scale operations across the European trading zone. Obtaining the MiCA license means Crypto.com will be able to offer its crypto services in all 27 EU countries and operate under a streamlined and robust regulatory framework, enhancing industry transparency. It is worth noting that Crypto.com is not the first crypto service provider to receive the MiCA license. Germany's Boerse Stuttgart has already obtained the license, becoming the first in Germany to do so. Other companies that have received MiCA licenses include Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and major brokerage and clearing company Hidden Road. Crypto.com's MiCA license is expected to receive full approval soon, enabling the company to provide its market-leading crypto services across the entire EU.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto.com receives in-principle approval for an EU MiCA license, bringing it closer to being able to operate fully across the trading bloc.
Obtaining a MiCA license will enable Crypto.com to offer its market-leading crypto services across the EU under a streamlined and robust framework, significantly enhancing transparency within the industry.
Crypto.com will be the first global exchange to operate in the EU under a unified regulatory framework.
The MiCA license allows companies to provide services to customers in the European trading bloc comprised of 27 countries.