'MiCA License' Crypto.com Expands Services Across the EU

Source
JOON HYOUNG LEE

Summary

  • Crypto.com announced that it is expanding its services across the EU by acquiring the MiCA license.
  • This means that they can now provide cross-border cryptocurrency services to all member countries of the European Economic Area (EEA).
  • The MiCA law is the EU's cryptocurrency regulation law, providing important regulatory stability for investors.

Global cryptocurrency exchange Crypto.com, which has obtained the MiCA license, is expanding its services across the European Union (EU).

Crypto.com announced on its official X account on the 12th, "Starting today, we can provide cross-border cryptocurrency services to all member countries of the European Economic Area (EEA)."

Previously, Crypto.com obtained the MiCA license from the Malta Financial Services Authority (MFSA) last month. The MiCA law is a cryptocurrency regulation law that the EU officially implemented at the end of last year.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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