Outside Source
Starting today, the Singapore-based crypto exchange Crypto.com can serve all EEA member states, expanding its international presence.
Crypto.com has officially expanded its services to the European Economic Area (EEA) as of Feb. 12, according to the recent announcement on X. This development follows crypto.com’s receipt of the MiCA license from the Malta Financial Services Authority, allowing Crypto.com to offer its crypto services across all EEA Member States. The company is the first major global crypto asset service provider to be granted a full MiCA licence.
The expansion into the EEA member states builds on Crypto.com’s efforts to expand its global footprint and strengthen its regulatory standing. Earlier in Jan., the company launched its institutional-grade exchange in the United States, complementing the already available Crypto.com App for retail users in the U.S. Prior to that, in Dec. 2024, Crypto.com acquired Orion Principals Limited, a brokerage regulated by the Abu Dhabi Global Market, enabling it to offer financial products in the UAE.
Beyond expanding internationally, the Singapore-based crypto exchange is also diversifying its range of financial services. In the first quarter of 2025, it plans to list stocks and stock options, going beyond its crypto offerings. The exchange is also working on introducing new banking features, such as personal multicurrency accounts and cash savings accounts. Additionally, it is planning to file for the launch of an ETF focused on its native token, Cronos, and plans to launch its own stablecoin in the third quarter.
Despite these developments, Crypto.com’s native token Cronos (CRO) is down on daily (-5%), weekly (-12%), and monthly (-30%) timeframes, trading 90% below its ATH achieved in Nov. 2021, according to Coinmarketcap.
This article first appeared at crypto.news
