Crypto.com Expands Across EEA After Securing MiCA License in Malta

• Crypto.com secures a MiCA license, allowing it to operate across all EEA member states, and strengthening its regulatory position in Europe.
• The exchange is expanding beyond crypto by introducing stock trading, banking features, and an ETF focused on its native token, Cronos.
• Despite new initiatives, Crypto.com’s native token, Cronos (CRO), continues to trade significantly below its all-time high from November 2021.

Crypto.com has secured approval to provide its crypto services across all European Economic Area (EEA) member states. The Singapore-based exchange confirmed this expansion on February 12 after receiving a MiCA license from the Malta Financial Services Authority. This approval marks Crypto.com as the first major global crypto asset service provider to obtain a full MiCA license, strengthening its regulatory position in Europe.

Strengthening Global Reach and Regulatory Standing

This development builds on Crypto.com’s strategy to enhance its international presence. In January, the exchange introduced an institutional-grade platform in the United States, complementing its retail-focused Crypto.com App. Additionally, in December 2024, it acquired Orion Principals Limited, a brokerage firm regulated by the Abu Dhabi Global Market. This acquisition allowed the company to expand its financial offerings in the United Arab Emirates.

The global expansion of Crypto.com involves adding diverse financial services to its international operations. The crypto exchange seeks to launch stock and stock option trading in its first quarter of 2025. The company remains active in developing banking features which include personal multi currency accounts and cash savings accounts. The platform enhancements from Crypto.com will transform the company into a broad financial service provider.

Cronos ETF and Stablecoin Plans

Crypto.com will introduce an exchange-traded fund (ETF) that focuses on its cryptocurrency token Cronos (CRO) during the third quarter of 2025. The stablecoin launch by Crypto.com will come during the third quarter of 2025. The company aims to broaden its financial product offerings by implementing these business plans according to its plans for extended financial services growth.

The native token of Crypto.com known as Cronos (CRO) shows declining performance figures. Cronos (CRO) currently holds its value at 90% less than the peak price reached in November 2021. The token showed a decrease of 5% during the past day and its values dropped by 12% during the week together with a 30% reduction during the month according to CoinMarketCap data.