Crypto.com Furthers European Presence with Regulatory Approval in Cyprus
Cyprus, July 22, 2022 – Crypto.com, the world’s fastest growing cryptocurrency platform, announced today that it has received regulatory approval from the Cyprus Securities and Exchange Commission (CySEC). This approval will enable Crypto.com to offer a suite of products and services to customers in Cyprus in compliance with local regulations.
“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,” said Kris Marszalek, Co-Founder and CEO of Crypto.com. “Our registration in Cyprus is the next significant step in our continued progress as we expand our products and services to more customers.”
Crypto.com continues to actively grow and expand its ecosystem, with more than 50 million users worldwide. Today’s announcement follows Crypto.com also receiving registration in Greece from the Hellenic Capital Market Commission, registration in Italy from the Organismo Agenti e Mediatori (OAM), in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore, and provisional approval of its Virtual Asset License from the Dubai Virtual Assets Regulatory Authority.
Founded in 2016, Crypto.com serves more than 50 million customers and is the world’s fastest growing global cryptocurrency platform. Our vision is simple: Cryptocurrency in Every Wallet™. Built on a foundation of security, privacy, and compliance, Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem. Learn more at https://crypto.com.
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