The Markets in Crypto Assets (MiCA) Licence was successfully granted to Crypto.com following the completion of all necessary reviews.
Crypto.com has today announced its Malta entity has received a MiCA licence from the Malta Financial Services Authority (MFSA). The company is the first major global crypto asset service provider (CASP) to receive a full MiCA licence, which will allow Crypto.com to passport services across the European Economic Area (EEA).
The announcement comes after the company announced in-principle approval of its MiCA licence earlier this month. Crypto.com can now provide its market-leading range of crypto services across the EEA under a streamlined and robust framework bringing a significantly improved degree of transparency to the sector.
“Securing a MiCA licence has been a major priority for us in recent years, and receiving this approval further cements our continued commitment to being the most compliant and regulated crypto platform globally,” said Eric Anziani, President and COO, Crypto.com. “The European Union has shown incredible foresight in designing and implementing a regulatory system which means we can streamline operations to ensure both compliance and seamless cross- border activity. We look forward to offering more European users our industry-leading products and services in a regulated environment.”
The MiCA licence adds to Crypto.com’s expanding list of licences and registrations globally including, but not limited to, a UK Electronic Money Institution licence (FCA), a Major Payment Institution licence in Singapore (MAS), and a Virtual Assets Service Provider licence in Dubai (VARA).
