#Crypto.com obtains Malta license.#
Hot Topic Overview
Overview
Crypto.com, the cryptocurrency exchange, has received in-principle approval from the Malta Financial Services Authority, bringing it closer to obtaining a European Union (EU) Crypto Asset Market (MiCA) license. This means Crypto.com is expected to receive its full CASP license soon, allowing it to serve customers across the European Trading Area. This is a major development for Crypto.com in its pursuit of a MiCA license, making it the first global exchange to operate within the EU under a unified regulatory framework. Receiving full regulatory approval will enable Crypto.com to offer its market-leading crypto services throughout the EU under a streamlined and robust framework, significantly increasing transparency in the industry.
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 that Crypto.com is expected to receive its full CASP license soon, allowing it to serve customers in the European trading bloc of 27 nations. Obtaining a MiCA license will enable Crypto.com to offer its market-leading crypto services throughout the EU and enhance transparency within the industry under a streamlined and robust framework. This marks a significant step forward for Crypto.com in its pursuit of a MiCA license, positioning it as the first global exchange to operate within the EU under a unified regulatory framework. Previously, Crypto.com has been pursuing a Crypto-Asset Service Provider (CASP) license under MiCA, a license it has been working towards since the bespoke crypto legislation was passed in 2023.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto.com receives in-principle approval from Malta's MiCA, bringing it closer to operating across the European Union.
The in-principle license means Crypto.com is expected to receive its full CASP license soon.
The MiCA license will allow Crypto.com to offer its market-leading crypto services across the EU, increasing transparency in the industry.
Crypto.com will join the likes of Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and Hidden Road as companies that have received MiCA licenses.