Blockchain.com secures Malta MiCA license, appoints EU operations head
Blockchain.com, one of the oldest cryptocurrency platforms managing a wallet and blockchain explorer, has obtained a MiCA license and hired a Maltese industry insider to lead its expansion in the European Union.
On October 23, Blockchain.com announced that it had received a Markets in Crypto-Assets (MiCA) regulatory license from the Malta Financial Services Authority (MFSA).
This license allows the company to offer custodial and wallet services across 30 countries in the European Economic Area (EEA) and later expand into institutional products, including treasury management.
“The regulatory clarity and Malta’s strategic position make it an ideal hub for scaling Blockchain.com’s European operations,” said Peter Smith, co-founder and CEO of Blockchain.com.
Strengthening with local talent
According to Smith, Blockchain.com previously operated in a “fragmented regulatory environment,” while the MiCA license allows it to consolidate services in the EEA “under a single regulatory framework.”
The company’s EU expansion will be led by Maltese resident and Chair of the Malta Financial Institutions Association (FIMA), Fiorentina D’Amore, who was appointed Senior Director of EU Business Operations and CEO of Blockchain.com Malta.
As reported by Cointelegraph, FIMA’s members include over 20 companies, such as Bitpanda, StablR (linked with Tether), and others.
As we wrote, Revolut secures MiCA license from Cyprus to offer crypto across Europe
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