Crypto.com Receives In-Principle MiCA Approval From Malta

Prices Indices CoinDesk 20 Index Bitcoin Offerings Ethereum Offerings Trend Indicators Indices Crypto Sectors News Markets Finance Policy Tech Learn Opinion Consensus Magazine Video Podcasts CoinDesk Podcast Network Markets Daily Gen C The Protocol Unchained with Laura Shin The Mining Pod Newsletters The Node First Mover State of Crypto Crypto Long & Short The Protocol Crypto for Advisors Sponsored Thought Leadership Press Release CoinW Abra Bitget Gate.US Matrixport MEXC NEAR Phemex SocialGood Tron Advertise Consensus Consensus 2025 Hong Kong Consensus 2025 Toronto Webinars Log In / Create Account Prices Indices Consensus Sponsored Sign Up BTC 104,666.30 +5.06% ETH 3,448.02 +2.61% XRP 3.25 -4.47% USDT 1.00 +0.04% SOL 219.87 +2.91% BNB 721.98 +1.13% DOGE 0.41423864 +7.30% USDC 1.00 +0.00% ADA 1.13 -0.67% TRX 0.24805353 +3.30% AVAX 41.24 +2.99% LINK 24.63 +5.04% SUI 4.93 +3.24% XLM 0.48451829 -5.11% SHIB 0.0₄24331 +8.56% HBAR 0.36941204 -1.70% TON 5.59 +0.51% WBTC 104,292.12 +5.01% LTC 136.58 +8.40% BCH 485.50 +4.05% Policy Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto.com Receives In-Principle MiCA Approval From Malta The action means that Crypto.com will receive the full MiCA license soon. By Camomile Shumba | Edited by Stephen Alpher Jan 17, 2025, 4:19 p.m. UTC Crypto.com inches closer to full MiCA compliance (Micaela Parente/ Unsplash) What to know : Crypto exchange Crypto.com has received in-principle approval for a European MiCA license from the Malta Financial Services Authority. Companies have been working towards getting a CASP license under MiCA since the legislation passed in 2023. Crypto exchange Crypto.com has received in-principle approval for a European Union (EU) Markets in Crypto Assets (MiCA) license from Malta's Financial Services Authority, edging it closer to be able to operate fully across the trading bloc. The in-principle license means that the exchange is expected to receive its full CASP license soon, a Crypto.com spokesperson said on Friday. Companies have been working towards getting a crypto asset service provider (CASP) license under MiCA since the bespoke crypto legislation passed in 2023. The CASP license allows companies to serve clients across the European trading bloc which consists of 27 nations. "Receiving full regulatory approval will allow Crypto.com to provide its market-leading range of crypto services across the EU under a streamlined and robust framework bringing a significantly improved degree of transparency to the sector," the company said in an emailed statement. Crypto.com will soon join the likes of Boerse Stuttgart Digital , MoonPay , BitStaete, ZBD and prime brokerage and clearing company Hidden Road , who received the MiCA license. Malta Crypto.com Camomile Shumba Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects. X icon X icon ABOUT About Us Masthead Careers CoinDesk News Research CONTACT Contact Us Accessibility Advertise Sitemap POLICIES Ethics Privacy Terms of Use Cookie Consent Do Not Sell My Info DISCLOSURE Please note that our privacy policy , terms of use , cookies , and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies . CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one. © 2024 CoinDesk Markets Finance Tech Policy Price Latest Crypto news Advertise About Masthead News Analysis Consensus Magazine Consensus Magazine Focus Web3 Opinion Learn Press Release Sponsored Content Newsletters Coindesk News Markets Finance Tech Policy Price Latest Crypto news Advertise About Masthead News Analysis Consensus Magazine Consensus Magazine Focus Web3 Opinion Learn Press Release Sponsored Content Newsletters Coindesk News Markets Finance Tech Policy Price Latest Crypto news Advertise About Masthead News Analysis Consensus Magazine Consensus Magazine Focus Web3 Opinion Learn Press Release Sponsored Content Newsletters Coindesk News Markets Finance Tech Policy Price Latest Crypto news Advertise About Masthead News Analysis Consensus Magazine Consensus Magazine Focus Web3 Opinion Learn Press Release Sponsored Content Newsletters Coindesk News Markets Finance Tech Policy Price Latest Crypto news Advertise About Masthead News Analysis Consensus Magazine Consensus Magazine Focus Web3 Opinion Learn Press Release Sponsored Content Newsletters Coindesk News Markets Finance Tech Policy Price Latest Crypto news Advertise About Masthead News Analysis Consensus Magazine Consensus Magazine Focus Web3 Opinion Learn Press Release Sponsored Content Newsletters Coindesk News Markets Finance Tech Policy Price Latest Crypto news Advertise About Masthead News Analysis Consensus Magazine Consensus Magazine Focus Web3 Opinion Learn Press Release Sponsored Content Newsletters Coindesk News