Crypto.com generally receives a mica license
Crypto.com generally receives a mica license

- according to Crypto.com enables the stock exchange mica license to offer its services throughout the European Union.
- The company joins other crypto companies that secure the official approval in the EU, including Circle, Stuttgart Digital, MoonPay and Coinbase.
Crypto.com is ready to expand its services and products in the European Union after it has received the decisive approval of the market in Crypto Assets (mica).
The stock exchange gave the most important regulatory milestone via a known press release on 17. January.
crypto.com strives for an EU expansion
After Crypto.com has now received a fundamental license from Mica in the EU, it is now approaching the full official approval and is one of the first cryptododia providers to reach this milestone.
The license enables companies to work in the entire European merchant block consisting of 27 nations. After approval, Crypto.com can offer a wide range of cryptododes in the entire jurisdiction.
European Union under a management framework that improves accounting and transparency in the industry. Eric Anziani, President and Chief Operating Officer from Crypto.com, commented on the news as follows:
"We have always fully supported Mica and are firmly convinced that it will bring clarity and transparency and that it will create a more uniform mood compared to regulation of our industry throughout the EU, which contributes to the growing trust in the cryptos sector." "
Since the adoption of the crypto law in 2023, companies are advanced to receive a license for crypto-asset service provider as part of the mica.
crypto.com joins several other platforms when securing mica licenses.
This includes Stuttgart Digital, Moonpay, Circle and Coinbase, some of the crypto companies that have successfully secured mica approval before the regulatory introduction of Mica. In particular, the comprehensive cryptor rules came into force on December 30, 2024.
Source: Coinlist.me