Crypto.com strengthens its position in Europe. There Crypto.com platform is one of the leaders in the cryptocurrency sector. A position it intends to keep, despite increasingly fierce competition. Crypto-society has indeed succeeded in obtaining a Mifid license To offer products derived from regulated cryptos in the European Economic Area (Eee), thus expanding its presence in Europe after the previous approval of Mica.
- Crypto.com has reinforced its position in Europe by obtaining a MIFID license, allowing the supply of regulated crypto derivatives in the EEA.
- The acquisition of this license, in addition to the Mica license, has enabled Crypto.com to expand its offer of traditional investment services, in particular securities and derivative products.
It is especially on xthis Wednesday, May 21, 2025, that the platform Crypto.com announced having obtained a license under the European directive on the financial instrument markets, or Mifid (For Markets in Financial Instruments Directive).
This was allowed following approval by the Cyprus Securities and Exchange Commission (Cysec) of the acquisition of Allnew Investments Ltd by crypto.com. With this license inherited by redemption, the crypto-bourse will now be « able to offer its eligible customers a wide range of financial products ».
« This is our latest regulatory advance! » We are proud to have obtained our MIFID license, which will allow us to offer eligible users through Europe access to traditional investment services, including securities (securities), derivative products (derivatives) and more! (…) «
A MIFID license to extend its offer of traditional investment services
According to the press release Official published by Crypto.com, this MIFID license would allow it to « extend its offer of traditional investment services » in Europe. And therefore more precisely in the field of » financial derivatives »Applied to Bitcoin (BTC) and cryptocurrencies.
This Mifid license completes The Mica license (Markets in Crypto-Astets) already obtained by Crypto.com Last January. Its extended offer of financial products will concern all countries of theEuropean Economic Areawhich includes the 27 EU countries, Iceland, Norway and Liechtenstein.
“Obtaining a MIFID license in addition to our Mica license strengthens the position of Crypto.com by allowing a most complete and regulated financial product offer for users of the EEE. (…) We have already extended the presence of our brand in Europe since we received our Mica license, and we are now delighted to provide customers in the region even more means to engage with our platform thanks to these new offers. »»
Kris Marszalek, co -founder and CEO of Crypto.com
The crypto.com platform therefore intends to surf on success that meet traditional financial products applied to cryptocurrencies, because it is more easily accessible to Institutional investors. With leaders like Cornerbase Or Gemini who also position themselves on the market of Cryptos derivativesthe battle promises to be tough because everyone wants their share of the cake.