Crypto.com Gets New Regulatory Approval in France
The digital asset platform was primarily focused on acquisitions and endorsement deals through the bull market, but now appears to be getting better. be geared towards expansion, particularly in Europe.
New
Singapore-based digital asset platform Crypto.com has won major regulatory approval in France. The digital asset platform has been authorized to register as a digital asset service provider (DASP) by the Autorité des marchés financiers (AMF). The approval was granted after the platform received authorization from the Prudential Control and Resolution Authority (ACPR), the country's financial regulator.
The regulatory approval will help the digital asset platform bring a suite of products and services that comply with local regulations to customers in France. The platform hopes to build on the latest approval to expand its services in Europe.
The mobile-focused digital asset exchange platform has successfully secured over half a dozen regulatory approvals in 2022, spread across North America, Asia, and Europe.
Earlier in July 2022, Crypto.com managed to obtain two regulatory approvals in Europe, one in Cyprus and another in Italy. At that time, Kris Marszalek, co-founder and CEO of the platform, mentioned that the company was focused on expanding into Europe.
In August, the digital asset platform received the green light from UK regulators for "certain crypto activities". Besides Europe, the digital asset platform has also won major regulatory approvals in Dubai, Ontario, Canada, Cayman Islands, Singapore, and South Korea.
Related:
The digital asset platform was primarily focused on acquisitions and endorsement deals through the bull market, but now appears to be getting better. be geared towards expansion, particularly in Europe.
New
Singapore-based digital asset platform Crypto.com has won major regulatory approval in France. The digital asset platform has been authorized to register as a digital asset service provider (DASP) by the Autorité des marchés financiers (AMF). The approval was granted after the platform received authorization from the Prudential Control and Resolution Authority (ACPR), the country's financial regulator.
The regulatory approval will help the digital asset platform bring a suite of products and services that comply with local regulations to customers in France. The platform hopes to build on the latest approval to expand its services in Europe.
The mobile-focused digital asset exchange platform has successfully secured over half a dozen regulatory approvals in 2022, spread across North America, Asia, and Europe.
Earlier in July 2022, Crypto.com managed to obtain two regulatory approvals in Europe, one in Cyprus and another in Italy. At that time, Kris Marszalek, co-founder and CEO of the platform, mentioned that the company was focused on expanding into Europe.
In August, the digital asset platform received the green light from UK regulators for "certain crypto activities". Besides Europe, the digital asset platform has also won major regulatory approvals in Dubai, Ontario, Canada, Cayman Islands, Singapore, and South Korea.
Related:
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