Crypto.com announced it has received in-principle approval for a Markets in Crypto Assets (MiCA) license, becoming the first major global crypto exchange to achieve this milestone.

The license will enable the company to offer its services across all European Union (EU) member states under a unified regulatory framework that aims to foster transparency and stability in the crypto industry.

MiCA, adopted by the EU in 2023 and set to take full effect in 2025, is the first comprehensive legal framework for cryptocurrencies and digital assets in a major economic bloc. The stablecoin-related rules are already in effect.

It establishes clear rules for issuers, asset service providers, and stablecoin operators, aiming to eliminate regulatory fragmentation across the EU. Key provisions include consumer protections, measures against market manipulation, and detailed compliance requirements for crypto companies.

Eric Anziani, President and COO of Crypto.com, said:

“With MiCA, the EU is setting the global standard for crypto regulation. We believe this framework will bring much-needed clarity and transparency to the industry while strengthening trust and confidence among consumers and investors. This approval is a testament to our commitment to responsible growth and regulatory compliance in one of the world’s most important crypto markets.”

By securing this approval, Crypto.com can provide its full range of services — such as trading, staking, and payment solutions — throughout the EU under streamlined regulations. MiCA’s harmonized rules will also reduce the complexity of operating in multiple jurisdictions, offering greater consistency for companies and consumers alike.

Founded in 2016, Crypto.com serves over 100 million users worldwide and is a leader in regulatory compliance, security, and privacy. The company views the EU as a critical market for crypto adoption and innovation.

The MiCA license approval highlights Crypto.com’s expanding global footprint and signals growing institutional trust in the cryptocurrency sector, as the EU positions itself as a regulatory leader in digital assets.

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