Crypto.com has announced that it has received in-principle approval for a Markets in Crypto Assets (MiCA) license, becoming the first major global crypto exchange to achieve this milestone.
The license will allow the company to offer its services in all European Union (EU) member states under a uniform regulatory framework that aims to promote transparency and stability in the crypto industry.
MiCA, which was adopted by the EU in 2023 and will come into full force in 2025, is the first comprehensive legal framework for cryptocurrencies and digital assets in a major economic bloc. The stablecoin-related rules are already in place.
It sets clear rules for issuers, asset service providers and stablecoin operators, with the aim of eliminating regulatory fragmentation across the EU. Key provisions include consumer protection, measures against market manipulation and detailed compliance requirements for crypto companies.
Eric Anziani, president and COO of Crypto.com, said:
“With MiCA, the EU sets the global standard for crypto regulation. We believe this framework will bring much-needed clarity and transparency to the sector while strengthening confidence among consumers and investors. This approval is a testament to our commitment to responsible growth and regulatory compliance in one of the world’s most important crypto markets.”
By obtaining this approval, Crypto.com can offer its full range of services – such as trading, staking and payment solutions – across the EU under streamlined regulation. MiCA’s harmonized rules will also reduce the complexity of operating across multiple jurisdictions, providing greater consistency for both businesses and consumers.
Founded in 2016, Crypto.com serves more than 100 million users worldwide and is a leader in regulatory compliance, security and privacy. The company views the EU as a crucial market for crypto adoption and innovation.
The approval of the MiCA license highlights Crypto.com’s growing global footprint and signals growing institutional confidence in the cryptocurrency sector, as the EU positions itself as a leader in digital asset regulation.
