- Currency.com joined as Executive Member in CryptoUK.
- Currency.com provides information to launch new regulations.
- CryptoUK also counts companies such as Crypto.com, Ripple, and more.
Currency.com, a crypto trading platform joins with a trade association for the crypto platform in the U.K, CryptoUK as an Executive Member, this was revealed in the Thursday announcement.
Moreover, as an Executive Member of CryptoUK, Currency.com will share best practices and recommend how the sector responds to industry developments. Currency.com will also provide information or ideas to regulators and policymakers to launch new regulations.
Furthermore, CryptoUK also counts companies such as Crypto.com, Ripple, eToro, BCB Group, Cryptocompare, Simons Simmons, and Fireblocks among more than 60 members.
Accordingly, Head of Strategy at Currency.com, Vitaliy Kedyk, stated,
“Currency.com committed to ensuring the integrity of the UK crypto sector and the security of its investors and we have every confidence that we can achieve this with CryptoUK”
Even more, “Our community collaborates to grow the UK’s digital asset sector and help develop a supportive regulatory framework for crypto-asset businesses and consumers” noted CryptoUK chair, Ian Taylor.
Additionally, the crypto trading company as its 10th executive member comes the same week CryptoUk accepted U.K.-based crypto company BCB Group and venture platform Outlier Ventures. Binance’s U.K. arm joined the self-regulatory group in August. Currency.com currently licensed in Gibraltar as well as its native Belarus, the platform reported a growth of 374% in its client data in 2020.
More so, Currency.com launched in May 2019, claims to be the world’s first exchange allowing users to directly invest in or trade tokenized financial instruments with payment made in crypto. Currency.com is a high-growth, crypto platform flawlessly linking the booming world of cryptocurrencies with the world of traditional financial assets.
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