• Crypto.com has secured regulatory approval from the central bank of the Netherlands to register as a provider of digital asset services.
• It has complied with the Netherlands’ Money Laundering and Terrorist Financing (Prevention) Act to obtain a green light from De Nederlandsche Bank (DNB).
• The exchange has also received certain types of authorization from numerous other European nations, including the UK, France, Italy, Spain, Singapore, Dubai, Australia, Canada and South Korea.
Crypto.com Expands its European Presence
Cryptocurrency exchange Crypto.com recently obtained regulatory approval from the central bank of the Netherlands to register as a provider of digital asset services. This expands its presence in Europe and follows similar authorizations from other countries around the world.
Green Light From De Nederlandsche Bank
Crypto.com had to comply with the Netherlands’ Money Laundering and Terrorist Financing (Prevention) Act in order to receive an official green light from De Nederlandsche Bank (DNB). CEO Kris Marszalek commented on their commitment to compliance by saying: “This registration approval from De Nederlandsche Bank is a significant milestone for our business and the latest testament to our commitment to compliance”
Other Regulatory Approvals Around The World
The cryptocurrency exchange has also received certain types of authorization from numerous other European nations including the United Kingdom, France, Italy and Spain. On top of that it also secured regulatory approval over countries like Singapore, Dubai, Australia, Canada and South Korea.
Commitment To Collaborating With Regulators
CEO Kris Marszalek believes that collaboration between watchdogs is key in developing cryptocurrency sector: “We look forward to continuing to work with DNB and other regulators around the world” he said about obtaining Dutch license for Crypto.com .
Conclusion
The recent registration approval by De Nederlandsche Bank is just another testament of Crypto.com’s commitment towards achieving global compliance standards while expanding its presence across Europe and beyond .