• Bitpanda introduced that it has acquired approval from Germany’s BaFin as MiCA compliant.
• Crypto.com revealed its full MiCA license through X on Monday.
• Different platforms have additionally secured key regulatory registrations following full rollout in December 2024.

Crypto.com and Bitpanda have acquired approval as Markets in Crypto Belongings (MiCA) licensed exchanges, in line with bulletins by the businesses on Monday.

The Crypto.com staff said that they’ve acquired the total MiCA license. This comes simply days after the trade introduced it had acquired in-principle approval from the Malta Monetary Markets Regulatory Authority.

Bitpanda stated in a weblog put up that it had acquired approval from the German Federal Monetary Supervisory Authority (BaFin).

Change agrees to MiCA

This approval sees the trade enhance the variety of cryptocurrency platforms and repair suppliers agreeing to increase throughout the European Union. This follows the implementation of the total MiCA regulation throughout the EU on the finish of 2024, with a number of exchanges going down between the EU to make clear compliance plans.

MiCA approval permits suppliers to supply services within the European Financial Space (EEA), a significant marketplace for cryptocurrencies.

Bitpanda Deputy CEO Lucas Enzersdorfer-Conrad stated in a press release:

“This achievement is the end result of a decade of compliance and regulatory efforts. At MiCAR, we not solely meet the very best requirements within the trade, we set them. We’re at the moment utilizing this license to We’re targeted on accelerating adoption and progress throughout European markets.”

Bitpanda and Crypto.com be part of Boerse Stuttgart Digital, MoonPay, OKX, and Hidden Street within the checklist of crypto platforms to acquire MiCA licenses.