- Bitpanda announced it secured approval as MiCA compliant from Germany’s BaFin.
- Crypto.com revealed its full-MiCA license via X on Monday.
- Other platforms have also secured the key regulatory registration following full rollout in December 2024.
Crypto.com and Bitpanda have received approval as Markets in Crypto Assets (MiCA) licensed exchanges, according to announcements from the two companies on Monday.
The Crypto.com team said it had received the full MiCA license. This comes just days after the exchange announced it secured in-principle authorisation from the Malta financial markets regulator.
Bitpanda said in a blog post it had received approval from the German Federal Financial Supervisory Authority (BaFin).
Exchanges get MiCA nod
Approval sees the exchanges add to the growing number of crypto platforms and service providers getting a nod for expansion across the European Union. This follows the rollout of full MiCA laws across the EU at the end of 2024, with multiple exchanges among those to reveal plans for compliance.
MiCA approval allows providers to offer their products and services in the European Economic Area (EEA), a major market for crypto.
Bitpanda deputy chief executive officer Lukas Enzersdorfer-Konrad said in a statement:
“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 join Boerse Stuttgart Digital, MoonPay, OKX and Hidden Road on the list of crypto platforms to have received MiCA licenses.
