Wed, February 12

Crypto․com Gains Approval to Offer Crypto Services Across Europe

Crypto․com Gains Approval to Offer Crypto Services Across Europe Market News
  • Crypto.com receives MiCA approval to operate across all European Economic Area (EEA) member states.
  • Malta’s MiCA license enables seamless cross-border crypto services throughout Europe.
  • Compliance with EU regulations strengthens Crypto.com’s position in European crypto markets.

Crypto exchange Crypto.com has secured approval to provide its services across all the member countries of the European Economic Area (EEA). The approval, which is under the Markets in Crypto Assets Regulation (MiCA), will let the platform widen its services. The milestone solidifies its place in the European digital asset market.

The European Economic Area includes 30 countries and comprises all EU member nations. Notably,Crypto.com can now provide crypto asset services under a single regulatory framework and, thus, comply with Europe’s rigorous financial standards with this approval.

Expanding Crypto Access Across Europe

This approval means that Crypto.com can now roll out its entire range of crypto services to millions of users in the EEA. The approval of the license strengthens the platform’s presence in the major European markets. This regulatory step brings structured oversight to digital assets, providing users with enhanced security and trust.

The Malta Financial Services Authority granted Crypto.com’s MiCA license on January 27, 2025. This makes its Malta entity the first global crypto asset service provider to receive full approval under the new European framework. Furthermore, this license provides for seamless cross-border services while providing regulatory clarity across the marketplaces.

Previously, Crypto.com was granted in-principle approval for its MiCA license. The finalized authorization now allows the company to continue with its European expansion plans. Additionally, this aligns with the EU plan of standardizing the crypto industry while at the same time promoting its growth.

Strategic Growth and Compliance

This approval will enable Crypto.com to run its business effectively within the legal terms of European countries. By applying standardized compliance measures the company is able to enhance its efficiency. For services provided in the EEA, there is an increased level of regulation which leads to a higher stability of the services offered to its users.

Recently, Crypto.com introduced a specialized exchange for U.S. institutional investors, expanding its existing services. It improves trading with low latency and rich depth of market. Furthermore, this feature is integrated into the Crypto.com App to enhance trader experience, but it doesn’t replace it.

Moreover, the CFTC initiated a review of Crypto.com’s Super Bowl-related contracts on January 14, 2025. These contracts were self-certified and submitted to the CFTC on December 19, 2024. As described in the submissions, the contracts are cash-settled, binary contracts. 

Finally, in November 2024, the exchange acquired Fintek Securities, a brokerage service regulated by ASIC, to expand financial services to eligible users in Australia. 

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