Exchange NewsCrypto.com, the world’s fastest-growing worldwide cryptocurrency platform, was founded in 2016 and already serves more than 50 million clients. Because it is built on a foundation of security, privacy, and compliance, Crypto.com is dedicated to helping the next generation of inventors, creators, and entrepreneurs construct a more equitable digital economy by speeding the adoption of crypto.
Cyprus’ Securities and Exchange Commission (CySEC) has granted Crypto.com, the world’s fastest-growing crypto exchange, regulatory approval. With this license, Crypto.com will be able to provide a range of products and services to consumers in Cyprus that are compliant with local laws.
Kris Marszalek, Co-Founder and CEO of Crypto.com stated:
“Europe is a priority region for Crypto.com and our continued expansion in the market is a testament to our commitment to compliance and collaboration with regulators. Our registration in Cyprus is the next significant step in our continued progress as we expand our products and services to more customers.”
With more than 50 million users globally, Crypto.com is aggressively expanding its ecosystem. To date, Crypto.com has been registered by the Hellenic Capital Market Commission in Greece, the Organismo Agenti e Mediatori (OAM) in Italy, the Monetary Authority of Singapore has given in-principle approval for a Major Payment Institution License, and the Dubai Virtual Asset Regulatory Authority has given provisional approval for its Virtual Asset License.
Source: https://thenewscrypto.com/cyprus-securities-and-exchange-commission-cysec-grants-regulatory-approval-to-crypto-com/