#Crypto.com Receives MiCA License#
Hot Topic Overview
Overview
Crypto.com has received in-principle approval for its EU (EU) Markets in Crypto-Assets (MiCA) license from the Malta Financial Services Authority, marking a significant step closer to full operation across the entire EU trading zone. This means that Crypto.com is expected to soon receive its full CASP license, allowing it to serve customers in the European trading zone of 27 countries. 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 in the industry. Crypto.com will join companies like Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and major broker and clearing house Hidden Road as MiCA-licensed entities.
Ace Hot Topic Analysis
Analysis
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 receive its full CASP license soon, allowing it to serve customers in the 27-nation European trading zone. Obtaining a MiCA license will enable Crypto.com to provide its market-leading crypto services across the EU, operating under a streamlined and robust framework that will increase transparency in the industry. Crypto.com will join the ranks of companies already granted MiCA licenses, including Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and major brokerage and clearing firm Hidden Road. This approval marks Crypto.com as the first global exchange to operate in the EU under a unified regulatory framework, which will aid in its further expansion into the European market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto.com receives MiCA in-principle approval, bringing it closer to full operations across the entire EU trading zone.
The in-principle license means Crypto.com is expected to receive its full CASP license soon.
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 increasing transparency within the industry.
Crypto.com will soon join other companies that have received MiCA licenses, such as Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and the major brokerage and clearing company Hidden Road.