Price outlook for CRO amid Crypto.com’s new regulatory phase

Price outlook for CRO amid Crypto.com's new regulatory phase

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Crypto.com Achieves Regulatory Milestone with MiFID License

Crypto.com, a prominent player in the cryptocurrency exchange market, has marked a significant regulatory achievement. The recent acquisition of a MiFID license is expected to enhance the growth trajectory of its native token, Cronos (CRO).

Crypto.com Obtains MiFID License

On May 21, 2025, Crypto.com announced the successful acquisition of a MiFID license. This pivotal milestone follows the company’s previous approval from the Cyprus Securities and Exchange Commission (CySEC), allowing it to complete the acquisition of A.N. Allnew Investments Ltd.

Allnew, which was already authorized by CySEC, will enable Crypto.com to provide investment services and ancillary services related to a wide range of financial instruments, including securities, derivatives, and contracts for difference. The new license facilitates Crypto.com’s ability to offer a broader range of financial products to eligible users in the European Economic Area (EEA), representing a crucial step in its expansion strategy.

Prior to this, Crypto.com made headlines in January 2025 when it secured a Markets in Crypto-Assets (MiCA) license, further extending its service capabilities across the EEA. The addition of the MiFID license strengthens Crypto.com’s standing as a regulated financial services provider in the region.

Kris Marszalek, co-founder and CEO of Crypto.com, expressed enthusiasm regarding the development, stating, “The acquisition of a MiFID license, alongside our MiCA license, further solidifies Crypto.com’s position in delivering the most comprehensive range of regulated financial products for EEA users.”

“We have already expanded our brand presence in Europe since obtaining our MiCA license, and we look forward to providing customers in the region even more ways to engage with our platform through these new offerings.”

Price Outlook for CRO

The MiFID license is a noteworthy addition to Crypto.com’s growing portfolio of global licenses and registrations. Recent acquisitions include firms like Fintek Securities Pty Ltd., Charterprime Ltd, Orion Principals Limited, and Watchdog Capital, LLC, an SEC-registered broker.

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Moreover, Crypto.com recently announced a partnership with Canary Funds to establish the Canary CRO Trust, the first private investment vehicle for CRO, aimed at investors across the United States, which aligns with the company’s 2025 roadmap.

These developments, combined with positive market sentiment, are positioned to serve as significant catalysts for the Cronos token (CRO). Over the past three months, CRO reached highs of $0.1, peaking at $0.22 in December 2024. Currently, the token presents bullish potential with the formation of an ascending triangle pattern.

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