Crypto.com Can Now Expand Services to All European Economic Area Member States

Crypto.com has officially expanded its services to all European Economic Area (EEA) member states after receiving a Markets in Crypto-Assets (MiCA) license from the Malta Financial Services Authority.

“Crypto.com is proud to confirm from today it can provide crypto asset services cross border to all EEA Member States,” the exchange said in a February 12 post on X.

The milestone makes Crypto.com the first major global crypto asset service provider to secure full MiCA approval, allowing it to operate across the EEA’s 30 countries.

Crypto.com Eyes Global Expansion

This expansion is part of Crypto.com’s broader global growth strategy. In January 2025, the company launched its institutional-grade exchange in the U.S., complementing its existing Crypto.com App for retail users.

Additionally, in December 2024, Crypto.com acquired Orion Principals Limited, a brokerage regulated by Abu Dhabi Global Market, enabling it to offer financial products in the UAE.

https://t.co/vCNztATkNg is proud to confirm from today it can provide crypto asset services cross border to all EEA Member States

We look forward to raising our brand profile in vital European markets and attracting more customers to our industry-leading platform. pic.twitter.com/wrJY4J2Uxe

— Crypto.com (@cryptocom) February 12, 2025

Beyond international growth, Crypto.com is also expanding its financial services.

In Q1 2025, it plans to list stocks and stock options, moving beyond crypto trading.

The exchange is also introducing new banking features, including personal multicurrency accounts and cash savings accounts.

Further ahead, it plans to file for an ETF focused on its native token, Cronos (CRO) and launch its own stablecoin in Q3 2025.

Despite these advancements, Crypto.com’s native token, CRO, has struggled, currently down 5% daily, 12% weekly, and 30% monthly, trading 90% below its all-time high from November 2021, according to CoinMarketCap.

Crypto.com Introduces Stock and ETF Trading for U.S. Users

Last month, Crypto.com launched stock and exchange-traded fund (ETF) trading for U.S. users in Pennsylvania, Ohio, Washington, and Arizona.

The company plans to expand the feature nationwide, offering zero-commission trades, fractional shares, and securities transfers within its app.

The exchange has also introduced an institutional trading platform in the United States, aiming to complement its existing crypto retail trading mobile application.

The new platform will offer more than 300 trading pairs and advanced trading tools tailored to institutional clients, signaling the company’s deeper push into Wall Street.

Crypto.com’s institutional platform will compete with services offered by other major US-based exchanges, including Coinbase, Kraken, and Gemini, as well as Wall Street firms like BlackRock and Fidelity, which have entered the market with crypto ETFs and tokenized assets.

In other developments, Crypto.com has appointed Mohammed Al-Hakim as the President of its United Arab Emirates (UAE) operations.

Headquartered in Singapore, Crypto.com operates in 90 countries.

Its US expansion aligns with its recent in-principle approval for a MiCA license, enabling operations across the European Union.