Crypto.com has become the first major global crypto asset service provider to announce securing an in-principle MiCA license.
Eric Anziani, President and COO, Crypto.com said:
“We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more streamlined sentiment towards the regulation of our industry across the EU, all of which adds to the building confidence in the crypto sector. We have consistently shown our commitment to responsible expansion across the EU, a growing and vital hub for crypto investment, and we look forward to working with the Union to ensure we continue to grow in a compliant manner under the MiCA regulation.”
Receiving full regulatory approval will allow Crypto.com to provide its range of crypto services across the EU under a “streamlined and robust framework bringing a significantly improved degree of transparency to the sector.”
Founded in 2016, Crypto.com is trusted by more than 100 million customers worldwide and is a key industry player focused on “regulatory compliance, security and privacy.”
Their vision is simple: Cryptocurrency in Every Wallet.
Crypto.com is committed to accelerating the “adoption of cryptocurrency through innovation.”
As covered, Crypto.com has announced the signing of a Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB), the UAE’s Islamic Bank and a key player focused on the field of Islamic finance, as it expands its market presence in the UAE as well as the wider GCC.
The MoU, signed by Crypto.com’s President of UAE Operations, Mr. Mohammed Al Hakim, and DIB’s Chief Digital Officer, Mr. Musabbah Al Qaizi, marks a key milestone on the company’s road map “to integrating with financial institutions in the UAE, as it continues to deliver products and services to its customers.”