Nikolas Sargeant
Crypto.com has officially expanded its services to all European Economic Area (EEA) member states as of February 12, following the receipt of its MiCA license from the Malta Financial Services Authority (MFSA). This milestone makes Crypto.com the first major global crypto asset service provider to secure a full MiCA license, allowing it to offer its crypto services across all 30 EEA member countries. The move marks a significant step in Crypto.com’s strategy to enhance its international presence and regulatory standing.
https://t.co/vCNztATkNg is proud to confirm from today it can provide crypto asset services cross border to all EEA Member States
— Crypto.com (@cryptocom) February 12, 2025
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
In addition to its European expansion, Crypto.com has been diversifying its offerings globally. In January 2024, it launched an institutional-grade exchange in the United States, complementing its retail-focused Crypto.com App available to U.S. users. Furthermore, in December 2024, the exchange acquired Orion Principals Limited, a regulated brokerage in the UAE, enabling it to offer financial products in the region. These expansions highlight Crypto.com’s ambition to broaden its global footprint.
Looking ahead, Crypto.com plans to diversify its financial services further. In the first quarter of 2025, it intends to list stocks and stock options, extending beyond cryptocurrency offerings. The exchange is also working on adding banking features such as personal multicurrency accounts, cash savings accounts, and is preparing to file for the launch of an ETF focused on its native token, Cronos. Additionally, it plans to launch its own stablecoin in the third quarter of 2025.
However, despite its expansion efforts, Crypto.com’s native token, Cronos (CRO), has faced a decline in value. At the time of writing, CRO is down 3% on the daily, 12% on the weekly, and 28% on the monthly timeframes, trading 90% below its all-time high (ATH) achieved in November 2021.
