The EU has given Crypto.com a strategic MiFID license, allowing it to provide unique, innovative financial services in the EEA. Major cryptocurrency platform, Crypto.com is working on expanding globally with this initiative.
Approval from the Cyprus Regulator Opens New Doors
Crypto.com earned this license after receiving approval from the Cyprus Securities and Exchange Commission (CySEC) for its acquisition of AllNew.
As a result of its MiFID license, AllNew can provide a wide variety of investment products and services. Users who qualify can take advantage of Crypto.com for offers, along with cryptocurrency trading.
Users can now engage in equities, futures, and contracts for difference (CFDs). It brings the company closer to becoming a comprehensive provider of conventional assets and cryptocurrencies.
This announcement comes only months after it secured its MiCA (Markets in Crypto-Assets) license in January 2025, which allowed it to offer crypto services throughout the European Economic Area (EEA).
With its new licenses, the company is now able to provide one of the best and most regulated financial platforms in Europe.
The MiFID license, in addition to our MiCA license, gives the exchange a stronger foundation for offering users in the EEA a full range of regulated financial products.
A Global Strategy in Motion
The platform has recently taken several significant actions in the financial industry. The platform has also purchased other financial entities, among them Fintek Securities Pty Ltd., Charterprime Ltd., Orion Principals Limited, and the SEC-registered broker-dealer Watchdog Capital, LLC.
Every step is planned to help the platform reach people around the world and provide them with safe, legal, and many investment choices.
People are attempting to utilize both traditional finance and digital assets, and Crypto.com’s new permit is helping to bridge this gap. The company’s growth in Europe proves it wants to be a big player, not just in crypto, but in the entire financial industry.
Source: https://blockchainreporter.net/crypto-com-achieves-major-milestone-with-mifid-licence-for-expanded-investment-services-in-the-eea/