Veröffentlicht am

Crypto.com receives in-principle MiCA licence

  • Crypto.com says the MiCA licence allows the exchange to passport its services across the European Union.
  • The firm joins other crypto companies in securing regulatory approval in the EU, including Circle, Borse Stuttgart Digital, MoonPay and Coinbase.

Crypto.com is set to expand its services and products in the European Union after obtaining the crucial Markets in Crypto Assets (MiCA) approval.

The exchange announced the key regulatory milestone via a news release on Jan. 17.

Crypto.com eyes EU expansion

Having now secured an in-principle license from MiCA in the EU, Crypto.com is now edging closer to full regulatory approval becoming one of the first crypto service providers to achieve this milestone.

The license allows companies to operate across the European trading bloc consisting of 27 nations. Upon approval, Crypto.com will be able to offer a wide range of crypto services through out the jurisdiction.

European Union under a leadership framework which enhances accountancy and transparency in the industry. Commenting the news, President and chief operating officer of Crypto.com Eric Anziani, said:

“We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more streamlined sentiment towards the regulation of our industry across the EU, all of which adds to the growing confidence in the crypto sector. “

Companies have been pushing towards attaining a crypto asset service provider license under MiCA since 2023 crypto legislation was passed.

Crypto.com joins several other platforms in securing MiCA licences.

These include Boerse Stuttgart Digital, MoonPay, Circle and Coinbase, some of the crypto companies to successfully secure MiCA approval ahead of the regulatory rollout of MiCA in the EU.  Notably, the comprehensive crypto rules came into full effect on December 30, 2024.

The post Crypto.com receives in-principle MiCA licence appeared first on CoinJournal.

Veröffentlicht am

Here’s why OKB price spiked 20% today

  • OKB token surged more than 20% to hit highs of $61.29 on Jan. 17.
  • The altcoin, native to the OKX exchange, rose as the community reacted to news around Azuki’s Animecoin (ANIME).

OKB registered a price surge 20% higher. The price surge follows OKX adopting OKB as the primary token for mining Animecoin which is their maiden project aimed at revolutionizing the Anime industry.

On Friday Jan 17, the price of OKB, the native token of the OKX ecosystem rose by 20% posting a high of $58.86. This came after the crypto platform chose it as the primary token for mining Animecoin (ANIME), the Azuki backed token.

OKX Jumpstart and ANIME tokens

The OKX Jumpstart staking program  is set to begin mining Animecoin on Jan 20. The OKB users can stake their OKB and BTC tokens to gain Anime tokens.

The program will run from Jan 20 to Jan 23.

While there is no minimum limit for staking for the holders of OKB and BTC tokens, maximum staking limit is set at 600 OKB and 0.3 BTC ($30,000). Staking and unstaking is permissible at any given time.

Of the 10 billion total token reserve, a share will go to the active participants in the OKX Jumpstart event. 50.5% of the total supply will be apportioned to the community. 37.5% of the token will go to the Azuki community who are the very first supporters of Animecoin while Community Cultivation which is held by future AnimeDao will get 13%. The 13% will be used as community incentives and initiatives.

Partner communities will also get 2% share.

The Anime token Listing

The Anime token is set for listing on both the Ethereum and Arbitrum platforms on Jan 23. Sources indicate that the token will stir up great following among the Anime users,its creators and revolutinize the the anime ecosystem to a great deal.

The post Here’s why OKB price spiked 20% today appeared first on CoinJournal.