Crypto.com, the fastest growing cryptocurrency platform in the world, is registered and regulatory approved as a crypto asset service provider in the Cayman Islands.
The approval from the Cayman Islands Monetary Authority allows Crypto.com to offer a range of services and products to Cayman Islands residents in accordance with local regulations.
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and statement Announcing the approval, Crypto.com co-founder and CEO Kris Marszalek said:
“This regulatory approval in the Cayman Islands is the latest example of Crypto.com’s commitment to compliance and constructive approach to regulatory engagement. We look forward to continuing to work with stakeholders across the sector to advance chain technology.”
Crypto.com Continues to Aggressively Expand
The Crypto.com ecosystem has grown continuously over the years and now serves over 50 million users worldwide.
Today’s deal confirms that the cryptocurrency platform has received a Major Payments Institution License from the Monetary Authority of Singapore, a Preliminary Approval Virtual Asset License from the Dubai Virtual Assets Regulatory Authority, Electronic Financial Transactions Act, and Virtual Asset Service Provider Principles Approval. It will be done in a few days.Registered in South Korea, Registered in Italy by Organismo Agenti e Mediatori (OAM), Registered in Greece by Hellenic Capital Market Commission, and Registration in Cyprus From the Securities and Exchange Commission.
Expansion to the Cayman Islands will also help the platform stay on track towards its vision.
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