Crypto.com has obtained a MiFID license to provide regulated crypto derivatives in the European Economic Area, enhancing its operations in Europe following its previous MiCA approval. The company's co-founder and CEO, Kris Marszalek, expressed excitement about expanding customer engagement through these new offerings. This announcement follows their earlier MiCA license acquisition in January, which allowed Crypto.com to operate across the EU. The license acquisition from the Cyprus Securities and Exchange Commission enables Crypto.com to enhance its product suite. This move is part of a broader trend, with other crypto companies like Kraken also utilizing MiFID licenses through Cyprus-based firms. Furthermore, major exchanges like Coinbase and Gemini are seeking expansion in crypto derivatives, indicating a growing interest in this sector. These developments signal significant regulatory advancements and opportunities for crypto platforms in the European market.

Source 🔗