BlockBeats News, May 21st, according to Coindesk report, crypto exchange platform Crypto.com has acquired Allnew Investments to obtain a license to provide derivative trading services in the European Economic Area (EEA).
The exchange platform announced on its official website that the Cyprus Securities and Exchange Commission (CySEC) has granted Allnew a Markets in Financial Instruments Directive (MiFID) license. The license authorizes the exchange platform to offer a range of financial products in the EU's 27 countries as well as Iceland, Liechtenstein, and Norway.