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HomeCryptoNewsBlockchain.com Secures MiCA License in Malta, Set to Expand Crypto Services Across...

Blockchain.com Secures MiCA License in Malta, Set to Expand Crypto Services Across 30 European Countries

Blockchain.com obtains MiCA license from Malta's MFSA, enabling digital asset custody and wallet services across 30 European countries. Learn about their strategic expansion and new service offerings.

Blockchain.com marks a significant milestone in its European expansion as it secures the Markets in Crypto Assets (MiCA) license from the Malta Financial Services Authority (MFSA). This regulatory approval enables the company to offer digital asset services across all 30 European Economic Area (EEA) countries under a unified framework.

Strategic European Expansion

The London-based crypto platform strategically chose Malta as its European operational hub, citing the country’s robust regulatory framework and forward-thinking approach to digital assets. Peter Smith, co-founder and CEO of Blockchain.com, emphasizes their commitment to building secure and transparent solutions tailored to European needs. The company now holds the ability to provide comprehensive crypto services, including digital asset custody and wallet solutions, across the entire EEA region.

Enhanced Service Offerings

Under the MiCA license, Blockchain.com plans to introduce several new services for European customers. The company will deliver enterprise-grade treasury and compliance tools specifically designed for institutions. Additionally, they will launch localized products tailored to European customers while maintaining full compliance with MiCA’s consumer protection standards. These developments build upon Blockchain.com’s existing infrastructure, which has facilitated over $1 trillion in crypto transactions and serves more than 90 million wallets globally.

Leadership and Future Growth

To spearhead this European expansion, Blockchain.com has appointed Fiorentina D’Amore as Senior Director of EU Business Operations and CEO of Blockchain.com’s European division. D’Amore, who also chairs the Financial Institutions Malta Association (FIMA), brings extensive expertise in regulatory compliance and operational strategy to the role. This strategic appointment demonstrates Blockchain.com’s commitment to maintaining strong regulatory relationships while pursuing ambitious growth plans across European markets.

Shaping the Future of European Crypto

The MiCA license represents more than just regulatory compliance – it positions Blockchain.com at the forefront of Europe’s evolving crypto landscape. As one of the first major platforms to secure this approval, the company sets new standards for security, transparency, and regulatory alignment in the digital asset space. Stay connected with Genfinity for continued updates on Blockchain.com’s European expansion and other developments in the crypto industry.

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