Crypto.com, the rapidly growing cryptocurrency platform, has announced its approval by the Cyprus Securities and Exchange Commission (CySEC). This regulatory green light allows Crypto.com to provide a range of products and services to customers in Cyprus while complying with local regulations.
Kris Marszalek, Co-Founder and CEO of Crypto.com, emphasized the company’s commitment to compliance and collaboration with regulators, particularly in the European market. The registration in Cyprus marks a significant milestone as Crypto.com expands its offerings to a broader customer base.
Crypto.com’s expansion efforts are part of its ongoing ecosystem growth, serving over 50 million users worldwide. In addition to CySEC’s approval, Crypto.com has obtained registrations and approvals from various regulatory bodies, including Greece, Italy, Singapore, and Dubai, further solidifying its presence in the cryptocurrency and financial services space.