Crypto.com Secures MiFID License, Expanding European Reach

Cryptocurrency exchange platform Crypto.com has received a Markets in Financial Instruments Directive (MiFID) license, enabling it to offer traditional investment tools like derivatives and securities to users within the European Economic Area (EEA). This follows Crypto.com’s acquisition of A.N. Allnew Investments Ltd., a Cyprus-based investment firm, earlier this year which was approved by Cyprus’s financial watchdog, CySEC. The MiFID license signifies user safety and allows them access to derivatives on Crypto.com without repercussions. )