Blockchain.com secures MiCA license, hires Malta insider to head EU expansion
Blockchain.com received a MiCA license from the MFSA, enabling EEA services, and hired a Malta financial association insider to lead EU growth.Summary
Blockchain.com, a long-standing crypto platform, has secured a Markets in Crypto-Assets Regulation (MiCA) license from the Maltese Financial Services Authority (MFSA). This approval allows the company to offer custody and wallet services across 30 European Economic Area (EEA) countries and plans to introduce institutional services like treasury management, consolidating operations under a single regulatory framework.
To spearhead its European expansion, Blockchain.com appointed Fiorentina D’Amore, formerly the chairperson of the Financial Institutions Malta Association (FIMA), as its senior director of EU business operations and CEO of Blockchain.com Malta. D’Amore, who has prior experience at platforms like Bitpanda and eToro, will focus on strategic growth, leveraging the momentum of the new MiCA license to balance innovation and compliance.
Maltese regulators have been early adopters of crypto regulation despite some scrutiny from the European Securities and Markets Authority (ESMA). Malta notably opposes the centralization of crypto supervision under ESMA, arguing that it is premature to introduce additional supervisory layers that could hinder market competitiveness.
(Source：Cointelegraph)