Crypto.com has officially launched crypto asset services across all European Economic Area (EEA) states, following approval under the Markets in Crypto-Assets (MiCA) framework, as announced on Feb. 12.
Full MiCA Licensing: Crypto.com’s new regulatory approval allows it to operate across all EEA member states under a unified framework. This follows its full licensing from the Malta Financial Services Authority (MFSA) in January.
MiCA‘s Impact: The first comprehensive crypto regulatory framework in Europe, MiCA aims to standardize regulations, enhance consumer protection, and ensure market integrity.
Stablecoin Compliance: To align with MiCA’s stablecoin regulations, Crypto.com delisted Tether’s USDT and nine other tokens.
Beyond Europe, Crypto.com is enhancing institutional offerings with an upgraded trading platform launched for U.S.-based institutional and advanced traders, offering deep liquidity and low-latency execution.
Crypto.com Custody: A regulated, institutional-grade storage solution operating under U.S. and Singapore compliance standards. Global Custodial Services: Assets are protected through Crypto.com Custody Trust Company (U.S.) and Monetary Authority of Singapore (MAS) supervision (global).
With MiCA compliance and expanded institutional services, Crypto.com is strengthening its global presence in the crypto market.
Image Credit: Pixabay
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