Mon, December 23

Crypto.com Acquires French Regulatory Approval

Crypto.com Acquires French Regulatory Approval Exchange News
  • Crypto.com has been registered as a Digital Asset Service Provider by the AMF in France.
  • Customers in France will be able to access a range of goods and services from the exchange.

Crypto.com, the leading cryptocurrency exchange platform has recently announced that it has been registered by the Autorité des marchés financiers (AMF) in France as a Digital Asset Service Provider (DASP) following clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR).

Kris Marszalek, CEO of Crypto.com stated: 

The European market is central to the long-term growth and success of Crypto.com and we are tremendously proud to now receive registration in France from the AMF. We look forward to continuing to work with the AMF and the ACPR as we introduce our products and services in France, offering users a comprehensive, safe, and secure crypto platform.

With this registration, the platform will offer a range of goods and services for customers in France, in compliance with regional regulatory laws. 

Crypto.com Keeps Expanding

The UK Financial Conduct Authority (FCA) recently approved the registration of Crypto.com. The platform previously announced that it has obtained an Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea. Also, the exchange received regulatory approval from Cyprus’ Securities and Exchange Commission (CySEC) in July.

The Singapore-based exchange firm, Crypto.com is continuously adopting multiple strategies to expand its services across the globe. The platform has more than 50 million users globally.

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