Crypto.com, a leading cryptocurrency exchange, has announced that it has obtained regulatory approval from the central bank of the Netherlands to register as a provider of digital asset services. This recent approval adds to the company’s growing list of authorizations from various European nations, including the United Kingdom, France, Italy, Spain, and more.
In its pursuit of compliance and regulation, Crypto.com has emphasized the importance of collaborating with regulatory bodies to develop the cryptocurrency sector. CEO Kris Marszalek recognizes the significance of working alongside watchdogs, stating, “This registration approval from De Nederlandsche Bank is a significant milestone for our business and the latest testament to our commitment to compliance. We look forward to continuing to work with DNB and other regulators around the world.”
Over the years, Crypto.com has secured regulatory approval in multiple countries across the globe. The Monetary Authority of Singapore (MAS) allowed the exchange to offer cross-border and domestic money transfer services, while the Dubai Virtual Assets Regulatory Authority (VARA) granted it an MVP Preparatory Licence. Additionally, the company has obtained regulatory approval in Australia, Canada, and South Korea.
Crypto.com has been making substantial progress in establishing a strong presence in Europe. The exchange has received permission to provide services in numerous European countries, including France, the United Kingdom, Italy, Greece, Cyprus, and Spain. This expansion into diverse European markets showcases Crypto.com’s dedication to fostering the growth of cryptocurrency adoption by meeting regulatory requirements.
Achieving Milestones
Securing regulatory approval from De Nederlandsche Bank marks an important milestone for Crypto.com. This accomplishment reflects the exchange’s continued efforts to establish a global presence and operate within the bounds of compliance. As the company moves forward, it remains committed to collaborating with regulators worldwide to further develop the cryptocurrency industry.
Crypto.com’s recent regulatory approval from the Netherlands demonstrates the exchange’s unwavering commitment to compliance and its ambition to expand its services globally. By working closely with regulatory bodies, Crypto.com aims to foster the growth and adoption of cryptocurrencies, while ensuring adherence to regulatory frameworks. This latest achievement marks a significant milestone for the company and paves the way for further growth and development in the cryptocurrency sector.