Cryptocurrency exchanges OKX and Crypto.com have obtained full licenses under the EU’s Markets in Crypto-Assets Regulation (MiCA) as of January 27. These licenses, granted by the Malta Financial Services Authority (MFSA), enable both companies to offer regulated cryptocurrency services throughout the European Economic Area (EEA). MiCA introduces a "passporting" mechanism ...
Crypto.com has introduced a new platform tailored for institutional investors in the United States. Announced on January 21, the platform aims to expand the Singapore-based exchange's presence in the U.S. by offering advanced tools designed for institutional trading. This platform complements the existing Crypto.com App, which caters primarily to retail ...
The Commodity Futures Trading Commission (CFTC) is set to vote on whether to subject Crypto.com’s new futures contracts, which enable users to wager on major football games like the Super Bowl, to a 90-day review. According to a Bloomberg report on January 14, the five-member federal commission is debating whether ...
Crypto.com has partnered with the Singapore-based payments platform Triple-A to enhance the crypto shopping experience and enable users to make direct cryptocurrency payments on leading e-commerce platforms without converting to fiat currency, beginning in Singapore and expanding globally. By integrating Triple-A’s regulated payment solution, Crypto.com wallet users can seamlessly shop ...
Crypto.com is expanding its range of services with the acquisition of Fintek Securities, a licensed Australian brokerage regulated by the Australian Securities and Investments Commission (ASIC). Announced on November 14, this acquisition allows the crypto exchange to offer an expanded suite of services to eligible Australian users, including deposit products, ...
A new report has indicated that Binance and Crypto.com are losing market share to smaller competitors as decentralized exchanges (DEXs) gain popularity. Binance, the largest cryptocurrency exchange globally, saw a 13% drop in spot trading volume over the past year, declining from 52.5% in October 2023 to 39.5% in October ...
Crypto.com has launched new global retail services in partnership with Standard Chartered Bank. According to a recent press release by the Singapore-based crypto exchange, the new services will allow users in over 90 countries to deposit and withdraw US dollars, euros, and United Arab Emirates dirhams through the Crypto.com app. ...
Crypto.com is now licensed to offer the full range of its crypto services, including crypto-to-fiat exchanges and fiat wallets, to citizens in Ireland after receiving regulatory approval. The exchange, in a recent announcement, noted that the Central Bank of Ireland has approved its application to operate as a Virtual Asset ...
Popular centralized digital asset exchange Crypto.com has announced the impending launch of its new and improved mobile app in South Korea. The new app, Crypto.com App, will replace the local crypto exchange platform OK-BIT, which Crypto.com acquired in 2022. The exchange gave a 30-day notice to users of the OK-BIT ...
Crypto.com has obtained a VASP License from Dubai's VARA and is proceeding to the final stage of regulatory approval for virtual asset services in the region. The crypto exchange announced this development in an official statement published on November 14, 2023. In the statement, crypto.com noted that the licence positions ...
