The authorization for Crypto.com to register as a virtual asset service provider in Ireland has been granted, enabling the exchange to function within the European Union member state. Fiat wallets and crypto-to-fiat swaps will now be available on Crypto.com. The startup has registered with Coinbase, Ripple, and Gemini as cryptocurrency firms strive to secure approval in European Union countries in order to be prepared for December, when the Markets in Crypto Assets (MiCA) legislation goes into full effect. Licenses for Crypto.com have been granted all around the world, including in Dubai, the United Kingdom, the Netherlands, and Spain.
