Crypto.com has officially obtained a Markets in Crypto-Assets (MiCA) license, allowing it to provide crypto asset services across all European Economic Area (EEA) states. The exchange confirmed the development in a February 12 post on X, emphasizing its commitment to expanding its presence in the European market and attracting new customers.
MiCA Licensing and Regulatory Compliance
The MiCA license, granted by the Malta Financial Services Authority (MFSA) in January, enables Crypto.com to operate under a unified regulatory framework throughout the EEA. This milestone solidifies the platform’s legal standing and enhances consumer protection.
MiCA, adopted in 2023 and implemented at the beginning of 2025, is the European Union’s first comprehensive crypto regulatory framework. The legislation aims to standardize crypto regulations across all member states, ensuring strict compliance measures, safeguards against market manipulation, and robust consumer protection policies.
One of MiCA’s major provisions is its stablecoin framework, which sets operational standards for issuers and service providers. In compliance with these regulations, Crypto.com has removed Tether’s USDT and nine other tokens from its platform.
Expanding Institutional Services
Beyond its European expansion, Crypto.com is reinforcing its institutional offerings with upgraded services tailored to professional traders and financial institutions.
Last month, the company introduced an enhanced trading platform for US-based institutional and advanced traders. This platform offers deep liquidity, minimal latency, and improved trading efficiency.
Additionally, Crypto.com has launched Crypto.com Custody, a secure asset storage solution designed for institutional clients. This service operates under strict regulatory oversight in both the US and Singapore, ensuring adherence to industry standards.
For North American clients, assets are safeguarded through Crypto.com Custody Trust Company, a Qualified Custodian chartered by the New Hampshire Banking Department. Institutional users outside the US and Canada can utilize custodial services via Crypto.com Custody Singapore, which functions under the supervision of the Monetary Authority of Singapore (MAS).
The custody platform integrates multi-party computation (MPC) wallets to enhance security and resilience against cyber threats. This proprietary infrastructure ensures robust asset protection while maintaining seamless accessibility for institutional investors.
Future Prospects
With its MiCA license in place and expanding institutional services, Crypto.com is well-positioned to strengthen its market presence in Europe. As regulatory frameworks continue to evolve, the platform remains committed to compliance, security, and innovation in the global crypto landscape.
