Crypto.com gets MiFID license: A milestone in Europe

Crypto.com gets MiFID license: A milestone in Europe


Crypto.com now holds a Mifid license that enables the company to regulate crypto derivatives in Europe, or. to offer in the European Economic Area (EEA). This takes another important step in the expansion of Crypto.com on the European market after the Micar license was achieved in January 2025.

The MiFID license allowed Crypto.Com, to offer a wide range of financial instruments, including securities, derivatives and contracts for difference (CFD). This is followed by the successful takeover of an Allnew Investments Ltd., a financial company licensed by Cyseec.

I have 21. May 2025 Gab Crypto.com knownto keep a MiFID license now. This enables the company to offer crypto derivatives and other financial products in the EU.

The preservation of this license was achieved by taking over an allnew investments Ltd. And the subsequent approval of the Cypriot Financial Supervisory Authority CYSEC. Only at the beginning of this year the takeover came to a conclusion and thus represents an important milestone for the company.

“The securing of a MiFID license together with our Micar license continues to strengthen the position of Crypto.com, the most comprehensive and regulated range of financial products for users in the EEA, ”said Kris Marszalek, co -founder and CEO von Crypto.com.

Expanded by the MiFID license Crypto.com its portfolio for a large number of financial instruments that will be accessible to qualified users in the EEA. The approval complements the previously preserved Micar-Ilice, with the Crypto.com can now work throughout the EU.

With this latest step follows Crypto.com the general trend of the crypto platforms to further regulate and expand their offers in Europe. Similar steps also took other great players, Like octopuses, who recently received this approval. Apparently, crypto derivatives are enjoyed as financial instruments for growing popularity and acceptance, what the market for Cryptocurrencies makes increasingly attractive in Europe.

Crypto.com has made a number of acquisitions in recent years to strengthen its market position, including the acquisitions of FinTek Securities, Charterprime and Orion Principals. With the new MiFID license, the company continues its expansion and ensures that it provides a comprehensive range of regulated financial services in the region.

Disclaimer

In accordance with the guidelines of the Trust Project, BeinCrypto commits an impartial, transparent reporting. This article aims to provide precise and current information. However, readers are recommended to check the facts independently and consult a specialist before making decisions based on this content.



Source link

Jayd Johnson

Leave a Reply

Your email address will not be published. Required fields are marked *