Blockchain.com revealed today that it had been approved under the European Markets in Crypto Assets (MiCA) regime to offer services across Europe. The company pursued the license via the Malta Financial Services Authority (MFSA).
Blockchain.com is based in London but also has offices in Miami, Vilnius, and now Malta.
There has been a flurry of activity among crypto platforms seeking approval under the regime as global regulators look to enable digital asset innovation rather than stymie it. In the first six months under the new rules, the EU reported approving 53 crypto firms.
MiCA officially came into force on December 30, 2024, establishing one of the world’s first comprehensive legal frameworks for digital assets.
Peter Smith, co-founder and CEO of Blockchain.com, lauded Malta’s regulatory clarity, stating the country is an ideal hub for their European operations.
“With MiCA live, we’re building secure, transparent solutions tailored to Europe’s needs, setting new standards for global adoption. We remain focused on empowering millions of users with the same trust and integrity that have defined our brand for over a decade.”
In a note to employees, Smith shared:
“Today’s win is a testament to our global team’s hard work. Securing the MiCA license required relentless focus, collaboration, and expertise. As regulators across the globe move toward clarity, we welcome frameworks that protect consumers while supporting innovation, and we’re committed to working hand-in-hand with regulators to shape the future of finance.”
Blockchain.com intends to offer digital asset custody and wallet services, treasury and compliance tools, and localized products alongside trading.
To help spearhead the effort, the company has hired Fiorentina D’Amore to guide the European expansion as Senior Director of EU Business Operations & CEO of Blockchain.com. D’Amore is also the Chair of the Financial Institutions Malta Association (FIMA).
Blockchain.com reports that since its inception, it has enabled over $1 trillion in crypto transactions and serves over 90 million wallets worldwide.
