Crypto.com has finally announced its ability to provide crypto asset services across borders to all European Economic Area (EEA) member states. This marks a significant expansion of its global reach.
The company stated on February 12, 2025, via X, noting its pride in offering services “cross border to all EEA Member States”. The move comes from securing regulatory approval under the Markets in Crypto-Assets (MiCA) framework.
MiCA Approval and Streamlined Services
The MiCA framework is designed to regulate crypto assets across the EU. It enables licensed businesses to extend their services seamlessly throughout the region. Crypto.com has secured this crucial approval, allowing it to offer a wide range of crypto-related services to European customers in a streamlined and compliant manner.
The company plans to introduce banking, credit cards, and stock services to its European platform. This milestone streamlines operations and ensures compliance, as Eric Anziani, President and COO of Crypto.com, emphasized.
He highlighted the importance of the MiCA license in facilitating seamless cross-border transactions and establishing a secure connection to banks for deposits and withdrawals. The company views MiCA as a means to bring clarity, transparency, and confidence to the crypto sector across the EU.
Strategic Market Expansion and Future Outlook
With this approval, Crypto.com aims to elevate its brand presence in vital European markets and attract more customers to its industry-leading platform. The company can now offer access to over 399 cryptocurrency tokens and more than 260 trading pairs. It also provides free Euro deposits through bank transfers. This enables customers to purchase cryptocurrency using trusted local payment methods like cards.
Crypto.com has been proactively securing regulatory licenses and registrations worldwide. These include Singapore, France, the UK, Dubai, South Korea, Australia, Spain, and Cyprus licenses.
This global expansion strategy aligns with the company’s vision of “Cryptocurrency in Every Wallet” and its commitment to accelerating cryptocurrency adoption through innovation.
Industry analysts view Crypto.com’s MiCA approval as a key step toward mainstream crypto adoption in Europe. Investors and users will watch how Crypto.com uses this advantage to expand its European services.
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