Crypto.com Gets Milestone MiCA Approval in Malta
Crypto.com secures in-principle approval for a European MiCA license from Malta's Financial Services Authority.
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Crypto.com secures in-principle approval for a European MiCA license from Malta's Financial Services Authority.
The license empowers the company to extend its services throughout the European Union.
Recent MiCA regulations from the EU are expected to favor euro-denominated stablecoins, as only compliant ones can operate in regulated markets.
The European Union has mandated its member states to implement new crypto regulations by December 30.
The European Union mandates crypto regulations by December 30, allowing companies to operate across member states.
Four companies received Markets in Crypto Assets licenses enabling them to operate across the EU, as the regulatory framework takes effect.
Regulatory approval allows firms to operate within the European Union's crypto space.
ZBD, a Bitcoin payment platform, has been authorized by the Dutch regulator to provide services throughout the EU under the MiCA framework.
The European Securities and Markets Authority publishes essential final guidance assisting member states in implementing MiCA regulations as the deadline approaches.
Several EU member states struggle to finalize local regulations ahead of the MiCA deadline at the end of the year.
Gemini opens access to digital asset trading in France just weeks before new EU regulations take effect, setting the stage for broader expansion.
Quantoz strives to make its mark in the European stablecoin market with new regulatory-compliant euro and USD stablecoins amid upcoming reforms.
Coinbase is set to delist non-compliant stablecoins in the European Union as part of its adherence to new regulations.
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