Crypto.com has announced that it has become the first global cryptocurrency exchange to receive an Electronic Money Institution (EMI) licence from the Malta Financial Services Authority (MFSA).
The licence will allow the exchange to issue cards and bank transfers to customers in the region.
“Working with regulators is the best way to fulfil our mission of accelerating the world’s transition to cryptocurrency. ” Crypto.com's CEO, Kris Marszalek, explained in a statement.