Bitpanda, Crypto.com secures mica licenses

• Bitpanda announced that it received approval as a mica-compliant from German BaFin.
• crypto.com announced its complete mica license on X on Monday.
• other platforms also secured the important official registration after the complete introduction in December 2024.

According to the announcements of the two companies on Monday, Crypto.com and Bitpanda received approval as licensed stock exchanges as of Markets in Crypto Assets (Mica).

The Crypto.com-Team said it had received the full mica-license. This happens only a few days after the stock exchange has announced that it received the basic approval of the Maltese financial market supervision.

bitpanda said in a blog post (Bafin) received.

stock exchanges receive mica approval

The approval contributes to the growing number of cryptoplate shapes and service providers who advocate an expansion in the entire European Union. This is followed by the introduction of complete mica laws throughout the EU at the end of 2024, with multiple exchange between them, to disclose plans for compliance.

Mica approval enables providers to offer their products and services in the European Economic Area (EEA), an important market for crypto.

Lukas Enzersdorfer-Konrad, deputy managing director of Bitpanda, said in a statement:

"This success is the result of a decade of the commitment for compliance and regulation. We not only meet the highest standards in the industry with Micar. We also set them. Our focus is now on using this license to accelerate the introduction and growth on the entire European market."

Bitpanda and Crypto.com Boerse Stuttgart Digital, MoonPay, OKX and Hidden Road on the list of crypto platforms that have received mica licenses.