CRO

Crypto.com Receives Approval for Registration from De Nederlandsche Bank in the Netherlands

by BSCN

July 28, 2023

The approval makes Crypto.com a recognized provider of crypto services in the country, adding to its list of regulatory licenses in various regions, including Singapore and France.

In a recent update, Crypto.com has proudly announced its successful registration with De Nederlandsche Bank (DNB) as a recognized provider of crypto services. This milestone achievement comes after a thorough assessment of Crypto.com's business operations and compliance with the Netherlands' Money Laundering and Terrorist Financing (Prevention) Act (Wwft).

Kris Marszalek, the CEO of Crypto.com, expressed the company's commitment to responsible growth in the crypto and blockchain industry, highlighting the significance of collaborating with regulators. He stated, "This registration approval from De Nederlandsche Bank is a significant milestone for our business and the latest testament to our commitment to compliance. We look forward to continuing to work with DNB and other regulators around the world."

This approval adds to Crypto.com's growing list of regulatory licenses across various regions. Notable licenses include the Major Payment Institution (MPI) licenses for Digital Payment Token (DPT) and e-money issuance, account issuance, cross-border, and domestic money transfer services from the Monetary Authority of Singapore, and the registration as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) in France, among others.

Crypto.com remains steadfast in its dedication to meet regulatory standards while advancing the crypto and blockchain industry globally.

What is Crypto.com:

Crypto.com is a cryptocurrency exchange that started operating in 2016. It has extended its reach to over 10 million users within 5 years. The platform was founded by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, with its headquarters in Hong Kong. In addition to the cryptocurrency application, the platform also runs the Crypto.com Visa card, one of the world’s largest cryptocurrency card programs, the exchange, and a DeFi wallet. The exchange operates across 3 continents, the Americas, Europe, and Asia.

Where to find Crypto.com:‍