Crypto.com Receives In-Principle MiCA Approval From Malta, First Global Exchange to Operate Across EU

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 Services Authority, marking it as the first global exchange to operate across the European Union under a unified regulatory framework. This approval paves the way for Crypto.com to offer its crypto services across all 27 EU member states once the full license is granted. The MiCA regulation, introduced in 2023, aims to provide a comprehensive regulatory framework for crypto assets within the EU, ensuring transparency and compliance across the trading bloc. Boerse Stuttgart also became Germany's first crypto service provider to be licensed under MiCA, indicating a broader trend of regulatory acceptance within the region.