Crypto.com Receives EMI License in Malta
The Hong Kong-based exchange said it is the first crypto platform to receive an EMI license from the Malta Financial Services Authority.
Updated Sep 14, 2021 at 1:22 p.m. UTC
Cryptocurrency exchange Crypto.com has received an electronic money institution (EMI) license in Malta.
- The Hong Kong-based exchange is the first crypto platform to receive an EMI license from the Malta Financial Services Authority (MFSA), according to an emailed announcement Thursday.
- The license allows the exchange to offer payment cards and bank transfers in the Mediterranean country.
- CEO Kris Marszalek said Crypto.com looks forward to "securing licenses in every country we operate in."
- That is likely to be more complicated in other European countries compared with crypto-friendly Malta.