ARIA | News

EU Advances in Crypto Regulation: Crypto.com Secures MiCA License for Expansion

by aria-crypto.com

January 17, 2025 at 21:14

EU Advances in Crypto Regulation: Crypto.com Secures MiCA License for Expansion

Crypto.com has been granted a MiCA license to broaden its service offerings across the European Union, marking a significant advancement under the new regulatory framework. This approval allows the exchange to provide a comprehensive range of cryptocurrency services throughout Europe. Despite challenges faced by other firms under MiCA, Crypto.com has expressed strong support for the regulations, citing benefits like increased clarity and transparency which enhance industry confidence. The company is the first major global crypto service provider to achieve compliance, positioning itself for responsible expansion within the EU's growing crypto hub. Company executives underline their commitment to a long-term, productive relationship with European regulators, aiming to foster industry growth and stability. This move is part of Crypto.com's broader strategy to strengthen its position in the global market, including efforts to improve relationships with U.S. regulators.

Disclaimer

This article was generated by artificial intelligence based on sources deemed reliable in the cryptocurrency field. While ARIA strives to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information contained herein. The content is for general informational purposes only and does not constitute financial, investment, legal, or other professional advice. Any reliance you place on such information is strictly at your own risk. ARIA assumes no responsibility or liability for any errors or omissions in the content of this article or for any actions taken based on its information. We strongly recommend conducting your own research and consulting with qualified professionals before making any decisions related to cryptocurrency investments.

>> SUI Faces Potential Collapse Amid Historical Patterns, Solana Analyst Warns

Cryptocurrency expert Jason Pizzino has issued a warning about SUI, a competitor to Solana, predicting a possible severe price correction. Pizzino shared his analysis with his 345,000 YouTube followers, highlig...

2 hours ago

>> US Lawmakers Form Strategic Group to Bolster Crypto Regulation and Leadership

In a groundbreaking move, U.S. Senate and House lawmakers have convened to establish a comprehensive regulatory framework dedicated to digital assets. The bipartisan effort led by key Senate and House Committee...

3 hours ago

>> FED, Crypto, and Coinbase: Advocating for Clearer Banking Rules in Cryptocurrency Services

Coinbase, a leading U.S. cryptocurrency exchange, is actively engaging with federal regulators like the FDIC, OCC, and the Federal Reserve to streamline the integration of banking services with the crypto secto...

4 hours ago

>> CFTC Takes Aim at Crypto.com and Kalshi Over Sports Crypto Bets

The Commodity Futures Trading Commission (CFTC) is currently investigating Crypto.com and Kalshi to determine if their Super Bowl event contracts fall under "gaming" according to existing commodities regulation...

8 hours ago

>> Paxos Expands in the EU with New Electronic Money License

Paxos has recently secured an Electronic Money Institution license within the European Union, marking a significant step in its expansion efforts. The license will enable Paxos to offer fully compliant stableco...

9 hours ago

>> Bitcoin Makes Waves on Nasdaq as Semler Scientific Bolsters Its Holdings

Semler Scientific (SMLR), a Nasdaq-listed company, has made significant headlines with its recent acquisition of 871 Bitcoin, tallying an $88.5 million investment between January 11 and February 3. The company...

9 hours ago

>> UAE and Shiba Inu Collaborate to Boost Web3 Initiatives

The UAE Government has teamed up with the cryptocurrency Shiba Inu to advance WEB3 technologies in the region. This partnership aims to leverage the unique attributes of Shiba Inu in fostering a more dynamic an...

9 hours ago

>> Kraken Secures Key EU License, Bolsters Crypto Derivative Offerings in Europe

Leading cryptocurrency exchange Kraken has successfully obtained a Markets in Financial Instruments Directive (MiFID) license through the acquisition of a Cypriot investment firm. This milestone allows Kraken t...

14 hours ago

>> US Bitcoin Ambitions: States Lead the Charge as National Reserve Talks Continue

States across the U.S. are increasingly embracing Bitcoin, transcending discussions at the national level about the formation of a Strategic Bitcoin Reserve, which remains a concept championed by Senator Cynthi...

14 hours ago

>> Canada and China at the Heart of Cryptocurrency Volatility Over Trade Tensions

The cryptocurrency market has experienced significant volatility following international trade disputes, particularly influenced by tariff negotiations involving the US, Canada, and China. Recently, Bitcoin soa...

15 hours ago

All the latest crypto news in one place

Stay informed and up-to-date on the market's latest news with our Terminal's News Aggregator with curated news articles and analysis from over 50 sources, including the crypto's biggest publications.

Launch Terminal