【Crypto】Crypto payment infrastructure provider Crossmint has obtained the MiCA license issued by the Spanish Securities Market Commission(CNMV), officially becoming a compliant crypto asset service provider. What does this mean? Crossmint can now provide stablecoin infrastructure services in all 27 EU member states.
Specifically, the license covers three core areas: bidirectional exchange between fiat and cryptocurrencies, custodial services for crypto assets on behalf of clients, and cross-wallet, cross-chain transfer services. Why is this so important? Because the EU MiCA transition period is about to end in July. By then, remittance companies, payment platforms, and emerging banks will need to partner with licensed providers, and those without licenses may be forced out. Crossmint’s move is very timely—obtaining a compliant status is like getting a passport to enter the European market.
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digital_archaeologist
· 4h ago
The European compliance sword has finally been implemented, Crossmint is enjoying the benefits, and others must quickly catch up or be pushed out. The game rules have changed.
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WhaleInTraining
· 4h ago
Crossmint played this move well, securing the MiCA license before the July deadline, allowing easy access to the 27 EU countries. Truly caught a good opportunity.
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ForkThisDAO
· 4h ago
Crossmint played this move well, securing the license right as the MiCA transition period is about to end, timing it perfectly. With the passport for 27 EU countries, the stablecoin infrastructure in Europe now has someone to take over.
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MoonRocketTeam
· 4h ago
Dear astronauts, Crossmint is already fully fueled and ready for launch. Securing the MiCA license before the July deadline is a solid orbital positioning [rocket].
With the passports of the 27 EU member states in hand, those competitors still on the ground will probably have to watch this wave of takeoff. Next, it all depends on whose dopamine can last until the moon landing.
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ProbablyNothing
· 4h ago
Crossmint's timing was perfect; secured before the July deadline, and got a piece of the European cake.
Crossmint obtains MiCA license, EU stablecoin infrastructure ushers in compliance era
【Crypto】Crypto payment infrastructure provider Crossmint has obtained the MiCA license issued by the Spanish Securities Market Commission(CNMV), officially becoming a compliant crypto asset service provider. What does this mean? Crossmint can now provide stablecoin infrastructure services in all 27 EU member states.
Specifically, the license covers three core areas: bidirectional exchange between fiat and cryptocurrencies, custodial services for crypto assets on behalf of clients, and cross-wallet, cross-chain transfer services. Why is this so important? Because the EU MiCA transition period is about to end in July. By then, remittance companies, payment platforms, and emerging banks will need to partner with licensed providers, and those without licenses may be forced out. Crossmint’s move is very timely—obtaining a compliant status is like getting a passport to enter the European market.