Crypto.com Strengthens European Expansion with CySEC License
Crypto.com has announced a major regulatory milestone as it secures a CySEC CIF license through the acquisition of Cyprus-based brokerage A.N. Allnew Investments Ltd. The move enables the platform to expand its suite of regulated trading services across Europe.
A.N. Allnew, formerly behind brands like LegacyFX and XEPrime, holds a Markets in Financial Instruments Directive (MiFID) license, allowing the provision of securities, derivatives, and CFDs. This acquisition marks another major step in Crypto.com’s ambition to establish a dominant, regulated presence in the European Economic Area (EEA).
From MiCA to MiFID: Doubling Down on Compliance
The CIF license follows Crypto.com’s earlier success in securing a MiCA license in January 2025, which allows the company to passport its crypto services throughout the EEA. Together, these licenses provide the framework for a broader range of offerings, both in crypto and traditional finance.
“Securing a MiFID licence alongside our MiCA licence further solidifies Crypto.com’s position in offering the most comprehensive and regulated suite of financial products for users in the EEA,” said Kris Marszalek, Co-Founder and CEO of Crypto.com.
Broad Product Range to Attract European Investors
With the MiFID license, eligible Crypto.com users will gain access to an expanded lineup of financial products that now includes traditional instruments like securities and contracts for difference (CFDs). This positions Crypto.com not only as a crypto platform but increasingly as a full-fledged investment service provider.
The company emphasized that these developments support the broader Crypto.com Roadmap, which aims to diversify its offerings and bring traditional and digital finance under one regulated roof.
Strategic Acquisitions Power Global Growth
The A.N. Allnew acquisition is part of a string of recent moves by Crypto.com to build its regulatory footprint across multiple jurisdictions. Other recent deals include the acquisition of ASIC-licensed Fintek Securities Pty Ltd in Australia, Charterprime Ltd, Orion Principals Limited, and SEC-registered broker-dealer Watchdog Capital, LLC in the United States.
These acquisitions reflect a concerted strategy to secure licenses and compliant infrastructure in major global markets.
Tapping Talent from Traditional Brokerage Sector
As Crypto.com enters deeper into the realm of regulated traditional finance, it is also recruiting experienced professionals from the legacy trading world. Notably, the company recently hired Alex Ratford, a former executive from IG Group, to lead partnerships. His background in foreign exchange and CFDs is expected to support Crypto.com’s growing institutional ambitions.
A Competitive Landscape in Europe
Crypto.com’s announcement closely follows similar moves by competitors such as Kraken, which has also launched regulated derivatives in Europe via a recently acquired CySEC-licensed unit. The race for regulatory legitimacy and market share in the EEA is heating up among top crypto platforms.
Crypto.com’s growing roster of licenses now positions it as a leading player in both crypto and traditional financial services within Europe, and possibly beyond.
Looking Forward: What This Means for Users
With the MiFID license secured, European users can expect new investment products and increased access to traditional instruments within a crypto-native platform. This shift marks a significant development in bridging the gap between conventional financial markets and the digital asset space.
As regulatory clarity continues to increase across Europe, Crypto.com’s proactive strategy could prove pivotal in winning the trust of both retail and institutional investors.
