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Crypto.com Obtains MiCA License...Providing Services Across Europe

Doohyun Hwang
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  • Crypto.com announced that it has secured the MiCA license, providing a foundation to offer cryptocurrency services across the European Economic Area.
  • COO Eric Anziani emphasized that obtaining this license is a key task for Crypto.com to lead in regulatory compliance and adherence.
  • Crypto.com reported that it is continuously expanding its service areas in the global market by acquiring licenses in various countries.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Global cryptocurrency exchange Crypto.com announced on the 31st that it has obtained a MiCA (Markets in Crypto-Assets) license from the Malta Financial Services Authority (MFSA).

Crypto.com previously stated that it had received In-Principle Approval (IPA) for the MiCA license. With this, Crypto.com will provide various cryptocurrency services representing the market across the European Economic Area (EEA) under a simple and robust framework that significantly enhances industry transparency.

Eric Anziani, President and COO of Crypto.com, said, "Securing the MiCA license has been a top priority for Crypto.com over the past few years," adding, "We will further solidify our unwavering commitment to becoming a global cryptocurrency platform leading in compliance and regulatory adherence."

He continued, "We look forward to offering Crypto.com's industry-leading products and services to more European users in a regulated environment."

Meanwhile, in addition to the MiCA license, Crypto.com has expanded its acquisition of various licenses and service registrations worldwide, including the UK Electronic Money Institution (FCA) license, Singapore Major Payment Institution (MAS) license, Dubai Virtual Asset Service Provider (VARA) license, U.S. Money Transmitter license, Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), Australian Financial Services License (AFSL), and Australian Credit License (ACL).

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