Crypto.com has obtained a Markets in Financial Instruments Directive (MiFID) license to offer crypto financial derivatives in the European Economic Area.
The company aims to broaden its brand presence in Europe and provide new ways for customers to engage with its platform through these offerings.
Kraken and Coinbase are among the other companies that have also received similar licenses for regulated derivatives trading in Europe.
Gemini and Synthetix are also expanding into crypto derivatives, with various acquisitions and regulatory approvals in place for widening their offerings.