Crypto.com Nears EU-Wide Operations with Groundbreaking MiCA License Approval

18.01.2025 25 times read 0 Comments Read out

Crypto.com Edges Closer to Full EU Operations with MiCA License

According to CoinDesk, Crypto.com has received in-principle approval for a Markets in Crypto Assets (MiCA) license from the Malta Financial Services Authority, positioning the exchange closer to operating fully across the European Union's 27 nations under this regulatory framework. The full CASP license is expected soon, allowing Crypto.com to offer its comprehensive range of crypto services throughout Europe. As stated by a company spokesperson, this move will enhance transparency within the sector and align them with other licensed entities like Boerse Stuttgart Digital and MoonPay.

BexBack: A New Era of Anonymous Trading

Morningstar reports on BexBack, an innovative cryptocurrency exchange based in Singapore offering up to 100x leverage along with a 100% deposit bonus for traders worldwide. Emphasizing user anonymity, BexBack allows trading without complex KYC processes, requiring only an email address for account setup. With zero spreads and no slippage pricing models, it provides transparent trade executions at market prices while charging minimal funding fees once daily at UTC 0:00.

Crypto.com's Milestone Achievement as First Exchange Securing MiCA License

A report from CryptoSlate highlights Crypto.com as the first major global crypto exchange to secure an in-principle MiCA license approval—a significant milestone toward offering regulated services across all EU member states starting in 2025 when these rules take effect comprehensively. Eric Anziani emphasized that such regulation fosters clarity and trust among consumers while reducing operational complexities due to harmonized regulations throughout multiple jurisdictions.

Gemini Offers $20 Bitcoin Bonus Promotion

Benzinga shares details about Gemini’s limited-time promotion where new users can earn $20 worth of free Bitcoin after trading just $100 using promo code BENZINGA20 during sign-up procedures on their platform. Gemini is known for its security features, including institutional-grade protections and diverse cryptocurrency offerings vetted carefully before listing them onto exchanges, ensuring a safe transactional experience.

Coinbase Advocates US Strategic Bitcoin Reserve Initiative

An article by Crypto Briefing reveals Coinbase CEO Brian Armstrong advocating for a strategic U.S.-based bitcoin reserve amidst growing global adoption rates. He suggests pro-crypto legislation initiatives ahead, potentially involving the U.S. administration considering implementation possibilities. Betting markets indicate probabilities ranging between 40 to 63 percent regarding establishment timelines, with strong interest reportedly expressed in proposals during private meetings.

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