Online reports, According to The block, the Singapore-based digital asset exchange Crypto.com has obtained approval in principle for a Cryptographic Asset Market (MiCA) license. Although it appears that the exchange has not yet received full licensing, final approval will allow Crypto.com to provide services within the EU after the MiCA rules come into effect in late December 2024. MiCA was first passed in April 2023, establishing a digital asset regulatory framework in the EU that allows companies with a MiCA license in an EU member state to do business throughout the EU.