Crypto.com Gains In-Principle MiCA Approval from Malta, First Global Exchange to Operate Across 27 EU Member States

Jan 17, 2025, 08:10 PM

Crypto.com has received in-principle approval for a Markets in Crypto-Assets (MiCA) license from Malta's financial regulator, marking it as the first global cryptocurrency exchange to operate under a unified regulatory framework across the European Union. This approval paves the way for Crypto.com to offer its services across all 27 EU member states once the full license is granted. The MiCA regulation, introduced in 2023, aims to standardize the regulation of crypto assets within the EU, enhancing transparency and compliance in the sector. Additionally, Boerse Stuttgart has become Germany's first crypto service provider to be licensed under MiCA, indicating a growing trend of regulatory compliance in the crypto industry.