Crypto.com Receives MiCA Approval For All EEA Member States. Best Crypto To Buy?
Singapore’s Crypto.com announced securing a Markets in Crypto-Assets (MiCA) license on 12 February 2025. With this approval, the company can officially launch its services across all 30 European Economic Area (EEA) member states. The EEA consists of 27 European Union (EU) member states along with Iceland, Liechtenstein, and Norway.
In fact, Crypto.com is now the first major global crypto asset service provider to secure full MiCA compliance – implemented by EU lawmakers to standardise crypto regulations across member states. On 18 January 2025, Crypto.com had announced an in-principle approval for its MiCA license.
In a post on X, Crypto.com said, “We look forward to raising our brand profile in vital European markets and attracting more customers to our industry-leading platform.”
https://t.co/vCNztATkNg is proud to confirm from today it can provide crypto asset services cross border to all EEA Member States
We look forward to raising our brand profile in vital European markets and attracting more customers to our industry-leading platform. pic.twitter.com/wrJY4J2Uxe
— Crypto.com (@cryptocom) February 12, 2025
The company received its MiCA license from the Malta Financial Services Authority (MFSA).
Malta has become the new hotspot for MiCA applications. On 20 January 2025, US-based Gemini announced moving its headquarters from Dublin to Malta as its hub for the MiCA framework.
Explore: Gemini Relocates Headquarters From Dublin: Malta Is Its New Hub For MiCA Framework
Crypto.com Plans Global Market Expansion
Crypto.com’s 2025 strategy is out and the company has some big ideas! Recently, Crypto.com announced plans to launch a Cronos-based exchange-traded fund (ETF), a new stablecoin, and expand financial services.
When it comes to the US, Crypto.com exchange was recently launched. According to the announcement made on 21 January 2025, the exchange is an addition to the already available Crypto.com app that services retail users in the US.
“We took the time to build the best possible product for institutional and advanced users around the world and we are now incredibly excited to fully introduce it in the market we continue to be bullish about – the US,” said Kris Marszalek, CEO and Co-Founder of Crypto.com.
Furthermore, Crypto.com’s global expansion plans are bolstered by its acquisition of the MiCA license.
The company’s decision to file the Cronos ETF application in Europe says a lot about its focus on global market expansion.
Explore: Crypto.com’s 2025 Strategy Involves Cronos ETF, Stablecoin, And Financial Services Expansion.
Explore Best Crypto To Buy
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Wall Street Pepe’s ultimate goal is to build a like-minded community of degen traders.
Follow Wall Street Pepe on X and Telegram for all the latest updates as WEPE gears up for its February 17 launch.
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EXPLORE: Crypto CPI Pump Could Trigger Bitcoin and Altcoin Season: Everything to Know About CPI Data Today
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