Crypto.com acquires Allnew Investments and obtains MiFID license to offer derivatives trading in Europe

ChainCatcher news, according to Coindesk, the cryptocurrency trading platform Crypto.com has acquired Allnew Investments to obtain a license to offer derivatives trading services in the European Economic Area (EEA).

The trading platform announced on its official website that the Cyprus Securities and Exchange Commission (CySEC) has issued a Markets in Financial Instruments Directive (MiFID) license to Allnew. This license authorizes the trading platform to offer a range of financial products in 27 EU countries as well as Iceland, Liechtenstein, and Norway.