Few encryption exchanges have been as busy in recent months as Crypto.com.
The company recently received a MICA license to operate in the EU, and in December it also voluntarily withdrew the lawsuit filed against the SEC after receiving a well -summer’s Wells notice from the agency last summer (the retirement occurred only one day after The CEO of Crypto.com Kris Marszalek met with then elected president Donald Trump in Mar-a-Lago). Not long after that meeting, the exchange announced that it would enter the United States institutional exchange business again after leaving it in mid -2023 due to the “limited demand.”
Crypto.com also said in January that it would allow its US clients to exchange actions and ETF as well as Crypto, and acquired several brokerage firms to build their offers even more. And Crypto.com continued to be very active in the front of the rights of sports names, announcing agreements with Formula 1 and the UEFA Champions League to further build its monumental contract of $ 700 million to change the name of the Los Angeles Lakers Lakers In 2021.
This series is brought to you by the Hong Kong consensus. Come and experience the most influential event on web3 and digital assets, February 18-20. Register today and save 15% with the Code Codek15.
Here, the president of Crypto.com, Eric Anziani, who will be a speaker in the consensus of Hong Kong, discusses the last plans of his company and the importance of Asia for the future of Crypto.com.
This interview has been condensed and slightly edited for clarity.
What are Crypto.com’s plans for the EU now that you have received a Mica license?
We were extremely proud to have been the first global provider of global cryptographic assets in receiving a MICA license, which means that we can provide our leading range of the cryptographic service market throughout the EU under a simplified and robust framework that provides a degree of transparency significantly improved. to the sector.
We have always supported Mica and believe that it will generate confidence and establish a more uniform feeling towards the regulation of our industry throughout the EU, while safeguarding consumers and will help advance innovation. The EU is a growing and vital center for cryptographic investment, and we hope to offer more of our products and services to our millions of EU users.
What can you say about the withdrawal of your demand for Crypto.com against the SEC?
We withdraw our action against the SEC given our intention to work with the incoming administration in a regulatory framework for the industry.
What are its main objectives and long term for Crypto.com?
We have an exciting and busy year ahead while we advance with our vision of offering users the most complete platform for a wide range of financial investment services. The key to our success is our approach to product development. We launched our 2025 route map At the end of last year, they detail our objectives and product strategy for next year, most of which revolve around expanding our portfolio of products and services integrating offers that were once limited to traditional financial services, such as actions, Banks and card programs, at Crypto.com.
We also recently announce the acquisition of several stockbrokers, such as the directors of Watchdog Capital and Orion, which will allow us to expand these services even more. And we also recently launched the trade of shares and ETF in the US. We see a significant opportunity not only to continue serving and lead the cryptography market, but to be a driving force to effectively unite traditional and digital finances.
What is Crypto.com’s last strategy regarding sports name rights agreements?
Our exclusive sports associations have played a fundamental role in the manufacture of Crypto.com one of the best known and reliable brands worldwide. We have many long -standing sports associations with brands with which we are honest to work, and in recent months we have announced the renewal of our F1 association until 2030, in addition to becoming the first and exclusive global partner of the cryptocurrency platform of the cryptocurrency of the global cryptocurrency platform. UEFA Champions League.
What role do you see Asia interpreting in the global cryptographic economy?
Asia has always been an important market for us. We are proudly based in Singapore and licensed by the Monetary Authority of Singapore, a global leader in an effective cryptography regulation. The number of “digitally native” people in the Asia Pacific region, particularly among the younger generations, is growing all the time, which means that there is an increasing group of users who support this growth in digital consumption and that It will only continue expanding and contributing to the development of the cryptographic industry.
There is also a large group of talents of young entrepreneurs in technology, so we chose to establish our global innovation laboratory in Singapore, making it our designated R&D center. The laboratory team is experimenting with border technologies and identifying novel applications for blockchain, web3 and IA.
What are the biggest challenges for the development of web3 in Asia?
The Asia region has a complex financial demographic group that includes a significant population that has no bankruptcy or non -banking, together with an expert population digitally with high mobile internet connectivity and a smartphone penetration. So, for us it is also about how we reach those who have historically disregarded and we offer them the financial tools and opportunities they need.
Much of this expansion will be reduced to regulatory environments, for example, places such as Singapore have implemented clear, robust and friendly regulations for innovation, allowing the establishment of safe and reliable platforms. But other regional jurisdictions They are still behind in clear regulatory frameworks for exchanges and digital assets.
You are deeply involved in the world blockchain and start-up in Singapore through several organizations. What are your main priorities there for 2025?
Singapore is our global headquarters, and we are very proud to be part of the digital active flourishing and the Fintech community of Singapore. We work with regulators and industry actors with the aim of building an innovative and responsible web ecosystem, balancing the needs of the industry for regulatory clarity and adjustment policies for use, as well as market integrity and protection of the consumer.
Upon entering 2025, we continue to play a main role in supporting local actors and industry associations to compromise constructively with authorities on issues such as consumer protection, scams, participation and responsible advertising through of workshops, focal groups and industry documents.
Talent development is also an important approach to us. For example, we were GFTN industry partners (Global Financial Technology Network, previously Elevandi, and organizer of the Fintech Festival of Singapore) for its inaugural Blockchain Guardians program in 2024. This intensive ten -week program for pre -university students allocated to develop The next generation of Fintech leaders with the set skills sets of digital assets and a robust compliance mentality.
What is most excited to discuss on stage in Consensus Hong Kong?
We enter 2025 with a really positive mentality. The industry has folded a corner in the last year, arriving through the bears market and demonstrating its resistance once more. I hope to discuss all the incredible innovations and products that will be introduced into the digital asset space this year, which means for the adoption of cryptocurrencies and how we continue to generate cryptography and bridge of financial technologies.
Is there anything else you think it is important to mention?
More world jurisdictions focus on the design of an effective regulation that will be responsible innovation and will even more improve consumers and institutional confidence in our industry. This will be vital to promote adoption and encourage traditional financial institutions to interact with blockchain and digital asset technologies, an exciting tendency that we will see much more in 2025.
