Singapore’s Crypto.com announced it secured a Markets in Crypto-Assets (MiCA) license on February 12, 2025. This approval enables the company to officially launch its services across all 30 member states of the European Economic Area (EEA), which includes 27 European Union member states along with Iceland, Liechtenstein, and Norway.
Crypto.com is now the first major global crypto asset service provider to achieve full MiCA compliance, a standard established by EU lawmakers to harmonize crypto regulations in member states. Earlier on January 18, 2025, Crypto.com announced it had received an in-principle approval for its MiCA license.
In a post on Twitter, Crypto.com shared:
“We look forward to raising our brand profile in vital European markets and attracting more customers to our industry-leading platform.”
This license was granted by the Malta Financial Services Authority (MFSA), with Malta emerging as a popular destination for MiCA applications. On January 20, 2025, US-based Gemini announced it was relocating its headquarters from Dublin to Malta to support the MiCA framework.
Future Strategies for Expansion
Crypto.com is strategizing for a substantial global market expansion in 2025. Recently, it announced its plans for launching a Cronos-based exchange-traded fund (ETF), a new stablecoin, and the expansion of financial services.
In the U.S., the Crypto.com exchange was launched recently. As per the announcement dated January 21, 2025, this platform is an addition to the existing Crypto.com app, which serves retail users in the U.S.
“We took the time to build the best possible product for institutional and advanced users around the world and we are now incredibly excited to fully introduce it in the market we continue to be bullish about – the U.S.,” said Kris Marszalek, CEO and Co-Founder of Crypto.com.
Furthermore, Crypto.com’s global expansion efforts are reinforced by its acquisition of the MiCA license, highlighting its focus on international growth.
A Highlight on New Crypto Launches
The company’s move to file the Cronos ETF application in Europe reflects its commitment to global market expansion.
Additionally, a meme coin named Wall Street Pepe (WEPE) is garnering attention post its ICO which raised over $73 million. Launching soon, it promises a unique position in the market focused on community engagement and utility, aiming to become the blue-chip meme coin of 2025.
Find the latest updates on WEPE’s upcoming launch on X and Telegram.
For detailed insights, check Crypto.com’s 2025 Strategy.
