Singapore’s crypto.com secures preliminary approval for MiCA license from EU regulators
Singapore-based cryptocurrency exchange company Crypto.com said last Friday it has received in-principle approval of markets in crypto assets (MiCA) license.
The MiCA license will enable Crypto.com to passport services across the European Union (EU) under the new regulatory framework, the firm said in a statement.
Receiving full regulatory approval will allow the firm to provide its market-leading range of crypto services across the EU under a streamlined and robust framework bringing a significantly improved degree of transparency to the sector.
It noted that the firm has become the first major global crypto asset service provider to secure an in-principle MiCA license.
“We have always been fully supportive of MiCA and…
