• Bitpanda introduced it secured approval as MiCA compliant from Germany’s BaFin.
• Crypto.com revealed its full-MiCA license by way of X on Monday.
• Different platforms have additionally secured the important thing regulatory registration following full rollout in December 2024.

Crypto.com and Bitpanda have acquired approval as Markets in Crypto Property (MiCA) licensed exchanges, in response to bulletins from the 2 corporations on Monday.

The Crypto.com crew mentioned it had acquired the total MiCA license. This comes simply days after the alternate introduced it secured in-principle authorisation from the Malta monetary markets regulator.

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

Exchanges get MiCA nod

Approval sees the exchanges add to the rising variety of crypto platforms and repair suppliers getting a nod for enlargement throughout the European Union. This follows the rollout of full MiCA legal guidelines throughout the EU on the finish of 2024, with a number of exchanges amongst these to disclose plans for compliance.

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

Bitpanda deputy chief govt officer Lukas Enzersdorfer-Konrad mentioned in an announcement:

“This achievement is the result of a decade of commitment to compliance and regulation. With MiCAR, we are not just meeting the industry’s highest standards, we are setting them. Our focus now is on using this licence to accelerate adoption and growth across the European market.”

Bitpanda and Crypto.com be part of Boerse Stuttgart Digital, MoonPay, OKX and Hidden Street on the listing of crypto platforms to have acquired MiCA licenses.