Crypto.com recently announced gaining approval from CySEC (Cyprus Securities and Exchange Commission) to offer its services in Cyprus. After complying with local regulations, the quickest-growing crypto platform can now cater to users in Cyprus.
Kris Marszalek, the CEO and Co-Founder of Crypto.com, also discussed the development. Kris stated that Europe remains among the most crucial regions for Crypto.com.
Gaining prominence in the region proves Crypto.com’s commitment to comply and work with regulators. The latest approval from the CySEC is a huge step for the company, expanding its reach, added Kris.
Crypto.com has been actively growing its ecosystem with over 50 million global users. The platform recently acquired approval from Greece’s Hellenic Capital Market Commission and was registered via Italy’s Organismo Agenti e Mediatori.
The venture became a licensed platform in Singapore after gaining the Major Payment Institution License, and it got the license from the Monetary Authority of Singapore. Besides this, Crypto.com also got provisional approval from the Dubai Virtual Assets Regulatory Authority.
Quick and seamless approvals are a testament to its reliable and trustworthy services. With over six years of market experience, Crypto.com is ranked among the most popular platforms in the market.
Its vision is to bring cryptocurrency to every wallet. The platform has been working to help new users enter and stay in the crypto market without hindrance. It is built on the foundation of compliance, privacy, and security.
Its commitment to accelerating the growth of upcoming entrepreneurs, creators, and builders, makes Crypto.com a game-changer. Now that it has a firm grasp in the European region, the crypto platform is expected to grow rapidly. Customers in Cyprus can access its services as soon as Crypto.com meets the local regulations.
