Bitpanda, OKX, and Crypto.com Obtain MiCA Licenses for EEA Operations
Bitpanda has obtained a Markets in Crypto Assets (MiCA) license from Germany's BaFin, allowing operations across the European Economic Area (EEA). OKX and Crypto.com also received licenses from Malta.
Key points:
- The MiCA regulations enable license holders to operate throughout the EEA without individual country approvals.
- Bitpanda aims to leverage its 6 million users to enhance growth potential in the market.
- Other companies with MiCA licenses include Boerse Stuttgart Digital, MoonPay, BitStaete, ZBD, and Hidden Road.
- Crypto.com stated that the approval will facilitate compliance and cross-border activities.