Europe has a lot of red tape and they go through the motions of the changes every now and then. Now the new target is the stablecoin and the AI. And in case of AI there are too many issues they deal with and making innovation harder for the nations in the EU. Meanwhile the stablecoin race has been going on along with the exchanges trying to appear there to get the new customer. 

In case of the crypto.com exchange which is very popular in south america, middle east and US. You would find that they too are applying for the license in the EU. And they recently got the MICA approval too. 

They happen to get the approval and license, and they are going to be trading the digital assets, stablecoin and the crypto alts and the market too. So they are one of the first market exchange to get the approval like this in the EU union. And the way they are doing better with the crypto.com's presence in the EU this would get more traction. 

Another update of this exchange getting it's presence in the Dubai too with the virtual asset regulation too. I have found there are some of the license they have got since the 2016 and onwards. And they have managed to get the returns for their set of the investments. 

Lot of things have yet to happen but the EU is now changing and they are opening too. So the crypto.com is also going to get more license around the world so that would be something they would get the most out of new customer for the trades. Let's see how that goes.