Crypto.com has unlocked a major milestone in Europe, a license that allows it to offer derivatives and securities within the European Economic Area (EEA.) The company shared on Wednesday, May 21, that it has secured a Markets in Financial Instruments Directive (MiFID) license after receiving regulatory go-ahead for its acquisition of Cyprus-based investment firm A.N. Allnew Investments Ltd. This approval came directly from CySEC, Cyprus’ financial watchdog. What does this mean for Crypto.com? The new license means Crypto.com can now offer crypto derivatives, securities, and other investment products to eligible users within the EU. The move opens up the European market for the exchange, allowing it to operate without legal repercussions. The license also reflects Crypto.com’s commitment to improving ties with regulators. Earlier this year, the trading platform received its Market in Crypto Assets (MiCA) license, which allowed it to offer its services to European customers. While MiCA governs crypto… Read More at Coingape.com
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