Tagged: crypto.com

April 2, 2024 @ 11:54 am By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, announced that it is launching the Crypto.com App in South Korea, which will allow Korean retail users in the market to trade… Read More

March 9, 2024 @ 12:10 pm By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and says it is focused on regulatory compliance, security and privacy, has signed a memorandum of understanding (MoU) with Altava Group, a vertical AI fashion tech company delivering innovative virtual experiences and… Read More

February 29, 2024 @ 9:36 pm By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and the industry leader in regulatory compliance, security and privacy, and BTG Pactual (BTG), the investment bank in Latin America, announced a new agreement to further advance crypto banking services across the… Read More

January 23, 2024 @ 6:55 am By Omar Faridi  |  

Crypto.com released its annual Crypto Market Sizing Report, showing that global cryptocurrency owners increased by 34% in 2023 – “rising from 432 million in January 2023 to 580 million in December 2023.” Similar to the previous year, this notable growth “continued despite several macro headwinds,… Read More

December 23, 2023 @ 4:22 am By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide and says it is the supporter of regulatory compliance, security and privacy, signed a Memorandum of Understanding (MOU) with six major charities in Singapore in order “to help facilitate the acceptance of… Read More

December 4, 2023 @ 7:50 am By Omar Faridi  |  

Crypto.com, which claims to be “trusted” by more than 80 million customers worldwide, announced that it has been authorized as an Electronic Money Institution (EMI) by the UK’s Financial Conduct Authority (FCA). This approval follows Crypto.com’s registration “as a cryptoasset business with the FCA in… Read More

November 14, 2023 @ 8:36 pm By Omar Faridi  |  

Crypto.com announced that its Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP) License “for specified virtual asset service activities by Dubai’s Virtual Assets Regulatory Authority (VARA).” Crypto.com’s VASP License is “subject to the Company fully satisfying select… Read More

October 10, 2023 @ 8:55 am By Omar Faridi  |  

Crypto.com says it’s compliant with the UK Financial Conduct Authority’s (FCA) new rules that went into effect on October 8th. UK customers continue to have uninterrupted access to Crypto.com’s products and services. Crypto.com says it’s “deeply committed to developing their platform and presence in the UK… Read More

September 28, 2023 @ 8:29 pm By Omar Faridi  |  

Crypto.com announced it has teamed up with PayPal and Paxos to establish Crypto.com as a preferred PayPal USD (PYUSD) exchange. Crypto.com has already listed PYUSD on its platform “for both retail and institutional users, and is currently the crypto trading platform with the deepest liquidity… Read More

August 10, 2023 @ 9:04 pm By Omar Faridi  |  

Xsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration of Crypto.com’s checkout solution into Xsolla’s Pay Station platform. This transformative integration of Crypto.com Pay “represents a significant advancement in the gaming industry and creates new… Read More

August 8, 2023 @ 8:46 am By Omar Faridi  |  

Crypto.com announced the promotion of Abhi Bisarya to Chief Product Officer. In this role, Bisarya will continue “to lead Crypto.com’s product development and strategy as part of the Company’s executive leadership team.” Since joining Crypto.com in 2022 “as EVP, Product, Bisarya has enabled Crypto.com to… Read More

July 28, 2023 @ 7:44 am By Omar Faridi  |  

Crypto.com announced that it has been approved for registration with De Nederlandsche Bank (DNB) as a provider of crypto services. This registration confirmation reportedly follows “a comprehensive review of Crypto.com’s business and compliance in line with the Netherlands’ Money Laundering and Terrorist Financing (Prevention) Act… Read More

June 29, 2023 @ 2:56 pm By Omar Faridi  |  

Ledger brings core tech and governance “to help institutions manage crypto trading risk and regulation with custodial trading solutions.” Ledger recently announced that the firm is “entering the institutional trading technology market with the first open network to enable custodial trading via exchange and custodial… Read More

June 24, 2023 @ 9:58 am By Omar Faridi  |  

Crypto.com announced that it has received its Virtual Asset Service Provider (VASP) registration from the Bank of Spain. Crypto.com secured this registration “following a comprehensive review of its compliance with Anti-Money Laundering Directive (AMLD) and other financial crimes laws, as well as measures to safeguard… Read More

June 5, 2023 @ 8:27 am By Omar Faridi  |  

Crypto.com announced that it has received its Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This announcement follows Crypto.com “receiving its in-principle approval from MAS in June 2022.” With this license, Crypto.com can “continue to… Read More

January 13, 2023 @ 8:09 am By JD Alois  |  

In a company update, Crypto.com announced that it has decided to cut its workforce by 20%, joining a litany of Fintechs that have been compelled to reduce costs due to the difficult economy. The company did not provide an exact number of job losses. Kris… Read More

December 28, 2022 @ 10:06 am By Omar Faridi  |  

Crypto.com announced the promotion of Eric Anziani to President, in addition to maintaining his current role as Chief Operating Officer (COO). In his expanded role, Mr. Anziani will “oversee operations (including customer experience, onboarding and global payments), and he will continue to lead strategy, product,… Read More

December 12, 2022 @ 9:08 am By Omar Faridi  |  

Crypto.com, which claims it is “trusted” by more than 70 million customers world-wide and the “industry leader” in regulatory compliance, security and privacy certifications, has released its audited Proof of Reserves, “enabling users to verify that their crypto assets are fully backed (1:1) on our… Read More

November 10, 2022 @ 1:07 pm By Omar Faridi  |  

Kris Marszalek, CEO of Crypto.com, said that they’ve shared the belief that it “should be necessary for crypto platforms to publicly share proof of reserves” and Crypto.com will be publishing their audited proof of reserves. According to the company CEO, this is “a critical moment… Read More

October 15, 2022 @ 2:49 pm By Omar Faridi  |  

Crypto.com, which claims to be the world’s fastest growing cryptocurrency platform, announced it will “invest €150 million in France to support the establishment of its market operations, including a regional headquarters in Paris.” This investment “follows Crypto.com being registered as a Digital Asset Service Provider… Read More