Crypto.com, a fast-rising exchange platform has secured regulatory approval to operate in the Cyprus crypto market, thereby expanding its European presence.
The exchange on July 22 says the Cyprus Securities and Exchange Commissions (CySEC) have given it the green light to operate in the space. With this nod from CySEC, crypto.com can now provide a range of services in Cyprus in accordance with the local regulations.
The approval marks Crypto.com's commitment to expansion while also complying with native regulators to reach broader customers, especially in Europe. Kris Marszalek, CEO, and co-founder of Crypto.com says Europe is key to the exchange's expansion plan.
“Our registration in Cyprus is the next significant step in our continued progress as we expand our products and services to more customers," Kris noted.
Famed as one of the renowned exchanges serving Web3.0 users, crypto.com has rigorously pursued its expansion campaign. The CySEC approval follows that of the Hellenic...
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