From Cointelegraph

May 21, 2025 5:23 am:

Crypto.com has secured a license to offer cryptocurrency financial derivatives in the European Economic Area, following the acquisition of a Markets in Financial Instruments Directive (MiFID) license. The company aims to expand its platform offerings to engage customers across Europe.

In another move, Crypto.com received in-principle approval to operate across the EU under a Markets in Crypto-Assets (MiCA) license, following regulatory approval for its acquisition of Cyprus-based trading services firm A.N. Allnew Investments from the Cyprus Securities and Exchange Commission (CySEC).

Kraken recently announced the launch of regulated derivatives trading under the European Union’s Markets in Financial Instruments Directive (MiFID II). The company relied on a Cyprus-based entity, Payward Europe Digital Solutions, to offer its derivatives, following its acquisition of NinjaTrader and a 19% year-on-year revenue increase.

Coinbase CEO Brian Armstrong mentioned plans to continue exploring merger and acquisition opportunities after acquiring Deribit, one of the largest crypto derivatives trading platforms. Gemini has also received regulatory approval to expand crypto derivatives trading in Europe, while Synthetix plans to re-acquire Derive for its crypto options platform.

Crypto.com has been active in acquisitions, including Fintek Securities, Charterprime, Orion Principals, and SEC-registered broker-dealer Watchdog Capital. The company’s expansion into the crypto derivatives market aligns with a growing trend of major exchanges and platforms venturing into this sector.

Read more at CoinTelegraph: Crypto.com secures EU license to launch crypto financial derivatives