Crypto.com, which claims to be one of the world’s fastest-growing cryptocurrency platforms, announced it has been registered in France as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) following clearance from the Autorité de Contrôle Prudentiel et de Résolution (ACPR).
Crypto.com was “subject to rigorous review, particularly around anti-money laundering and combating the financing of terrorism, in order to receive regulatory approval.”
With this registration, Crypto.com will “bring a suite of products and services in compliance with local regulations to customers in France.”
Kris Marszalek, CEO of Crypto.com, said:
“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.”
Crypto.com continues “to actively grow and expand its ecosystem, with more than 50 million users worldwide.”
This latest announcement “continues Crypto.com’s regulatory license momentum, having recently received in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore, registration approval as a crypto-asset business from the UK Financial Conduct Authority (FCA), provisional approval of its Virtual Asset License from the Dubai Virtual Assets Regulatory Authority, Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea, registration in Italy from the Organismo Agenti e Mediatori (OAM), registration in Greece from the Hellenic Capital Market Commission, registration in Cyprus from the Securities and Exchange Commission, regulatory approval from the Cayman Islands Monetary Authority, and a pre-registration undertaking with the Ontario Securities Administration in Canada.”
Founded in 2016, Crypto.com reportedly “serves more than 50 million customers and is the world’s fastest growing global cryptocurrency platform.”
Their vision “is simple: Cryptocurrency in Every Wallet.”
Built on a foundation of security, privacy, and compliance, Crypto.com is committed to accelerating “the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.”