Payperless, located in Estonia, has received approval from the Cyprus Securities and Exchange Commission (CySEC).
Registered with the number 16039903 on 16/01/2023, Payperless is authorized for various crypto asset services, including the exchange between crypto-assets and fiat currency, management and safekeeping of crypto-assets, provision of financial services related to crypto-assets, and operation of a multilateral system for buying and selling interests in crypto-assets. The approval encompasses activities such as reception and transmission of orders, execution of orders on behalf of clients, portfolio management, and underwriting/placement of crypto-assets with firm commitment.
Source: https://www.cysec.gov.cy/en-GB/entities/crypto-asset-services-providers-casps/eea-casps/93921/