Crypto.com has officially launched its crypto -activa services in all European economic space (EEA), according to a post of 12 February X.
The exchange explained:
“Crypto.com is proud to confirm that the crypto-asset services can offer all EEA member states cross-border.
Mica Licenses
This follows on his recently granted full markets in the license from Crypto-Assets (MICA), which strengthens its position on the European market.
In January, the Crypto -trading platform ensured full licenses of the Malta Financial Services Authority (MFSA), so that it could operate in the honor under a uniform regulation structure.
Mica, who was entered into force at the beginning of the year after its approval in 2023, represents the first extensive crypto control framework in Europe.
The legislation is intended to standardize rules in the Member States, which eliminates regulatory inconsistencies. It also introduces a strict policy for consumer protection, guaranteeing market manipulation and clear compliance obligations for crypto companies.
One of the most important provisions of Mica is the Stablecoin, which determines operational standards for issuers and service providers. In accordance with these regulations, Crypto.com has removed Tether’s USDT and nine other tokens from his platform.
Expand institutional services
In addition to its European expansion, Crypto.com strengthens are institutional offers.
Last month, the company introduced an upgraded trading platform for the US established and advanced traders established in the US. This platform offers deep liquidity and minimal latency, which improves business efficiency.
In addition, Crypto.com Crypto.com has rolled out guardianship, a safe solution for tailor -made asset storage for institutional customers. The guardianship service works under strict supervision of the legal in the US and Singapore, which guarantees compliance with industrial standards.
For North American customers, assets are protected via Crypto.com Custody Trust Company, a qualified custodian who is chartered by the New Hampshire Banking Department. In the meantime, institutional users outside the US and Canada have access to storage services via Crypto.com Custody Singapore, which functions under the monetary authority of Singapore (MAS) supervision.
The guardianship platform is designed with robust security measures, in which MPC portfolios (MPC) Multi-parties are integrated to protect private keys. This own security infrastructure improves resilience against cyber threats while retaining seamless accessibility for institutional investors.
