{"id":129694,"date":"2025-05-21T10:17:04","date_gmt":"2025-05-21T10:17:04","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129694"},"modified":"2025-05-21T10:17:04","modified_gmt":"2025-05-21T10:17:04","slug":"crypto-com-secures-eu-license-to-launch-crypto-financial-derivatives","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129694","title":{"rendered":"Crypto.com secures EU license to launch crypto financial derivatives"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsMobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area.<br \/>\nAccording to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) license.<br \/>\n\u201cWe have already expanded our brand presence in Europe since receiving our MiCA licence and we now look forward to providing customers across the region even more ways to engage with our platform through these new offerings,\u201d said Crypto.com\u2019s co-founder and CEO, Kris Marszalek.<br \/>\nSource: Crypto.comThe announcement followed Crypto.com receiving in-principle approval to operate across the European Union under a Markets in Crypto-Assets (MiCA) license in mid-January. The company received regulatory approval for its acquisition of Cyprus-based trading services firm A.N. Allnew Investments from the Cyprus Securities and Exchange Commission (CySEC).<br \/>\nCrypto.com did not immediately respond to Cointelegraph\u2019s request for comment.<br \/>\nRelated: Coinbase\u2019s Deribit buy shows growing derivatives market<br \/>\nA popular strategy<br \/>\nThe company is not the first crypto entity to obtain a MiFID license by acquiring a Cyprus-based financial firm. On May 20, cryptocurrency exchange Kraken announced the launch of regulated derivatives trading on its platform under the European Union\u2019s Markets in Financial Instruments Directive (MiFID II).<br \/>\nLike Crypto.com, a Cyprus-based entity played a role in the strategy, with Kraken relying on MiFID II-regulated entity Payward Europe Digital Solutions to offer its derivatives. The launch followed Kraken\u00a0completing its acquisition of the futures trading platform\u00a0NinjaTrader earlier in May as its first-quarter revenue jumped 19% year-on-year to $471.7 million.<br \/>\nRelated: CFTC mulling probe of Crypto.com over Super Bowl contracts: Report<br \/>\nCrypto derivatives are all the rage<br \/>\nRecently, Coinbase CEO Brian Armstrong said his firm\u00a0will continue to look for merger and acquisition opportunities, after acquiring crypto derivatives platform Deribit. The comments came after the publicly listed US crypto exchange earlier this month\u00a0agreed to acquire Deribit, one of the world\u2019s biggest crypto derivatives trading platforms.<br \/>\nMajor crypto exchange Gemini has also recently received regulatory approval to\u00a0expand crypto derivatives trading across Europe.\u00a0Lastly, decentralized finance platform Synthetix\u00a0will also venture further into crypto derivatives\u00a0with plans to re-acquire the crypto options platform Derive.<br \/>\nCrypto.com has made its fair share of acquisitions. Those include\u00a0Fintek Securities,\u00a0Charterprime,\u00a0Orion Principals\u00a0and SEC-registered broker-dealer Watchdog Capital.<br \/>\nMagazine:\u00a0How crypto laws are changing across the world in 2025<a href=\"https:\/\/cointelegraph.com\/news\/crypto-com-secures-eu-license?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsMobile-first crypto exchange and payment platform Crypto.com secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement,&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129694"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129694"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129694\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129694"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}