- The publicization came after the company received in-principle approval to function across the European Union under a Market in Crypto-Assets (MiCA) license in mid-January.
- Crypto.com has made its equitable distribution of acquisitions. The Shares include Fintek Securities, Charterprime, Orion Principals, and SEC-listed broker-dealer Watchdog Capital.
Crypto.com, a crypto exchange company from Singapore, recently received a license that allowed it to provide crypto financial derivatives in the European Economic Area. On May 21, the company announced that it had secured a Markets in Financial Instruments Directive (MiFID) license.
On the matter, the co-founder and the chief executive officer of Crypto.com asserted that we have so far broadened our brand presence in Europe after getting the MiCA license, and now we are looking to offer customers across the region different ways to interact with our platform through these new offerings.
The publicization came after the company received in-principle approval to function across the European Union under a Market in Crypto-Assets (MiCA) license in mid-January. The company got a regulatory green light for acquiring Cyprus-based trading services company A.N. All new Investments from the Cyprus Securities and Exchange Commission (CySEC).
Other Firms Holding The License
Some of the other companies have also received this license. On May 20, Kraken, another crypto exchange, publicized the introduction of regulated derivatives trading on its platform under the European Union’s Markets in Financial Instruments Directive (MiFID II).
Not long ago, the chief executive officer of Coinbase, Brian Armstrong, revealed his company will continue to seek merger and acquisition opportunities, after the acquisition of crypto derivatives platform Deribit.
The comments were followed by agreement to acquire Deribit at the beginning of this month by the publicly listed US crypto exchange. Another prominent crypto exchange, Gemini, has also received regulatory approval to widen crypto derivatives trading across Europe.
A decentralized finance platform, Synthetix, will also move further into crypto derivatives, having plans to re-acquire the crypto options platform Derive. Crypto.com has made its equitable distribution of acquisitions.
The Shares include Fintek Securities, Charterprime, Orion Principals, and SEC-listed broker-dealer Watchdog Capital.
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