Market News- Virtual asset company will enable Crypto.com to provide child custody and exchange services for digital assets.
- Crypto.com has greater than 50 million users.
The world’s fastest-growing cryptocurrency platform, Crypto.com announced today it has acquired a digital Financial Transaction Act and Virtual Asset Company registration in Columbia. By obtaining payment company PnLink Co., Limited. and virtual asset company OK-BIT Co., Limited, this Crypto.com exchange provides it with use of cryptocurrency and payment in the united states.
Registration like a virtual asset company will enable Crypto.com to provide child custody and exchange services for digital assets. By reaching this milestone, Crypto.com has shown its ongoing persistence for its vision to become the marketplace leader when it comes to consumer safety, protection, and regulatory compliance.
Kris Marszalek, Co-Founder, and Chief executive officer of Crypto.com stated
We’re dedicated to dealing with regulators to carry on to create our services and products to promote, specifically in countries like Columbia where consumers have proven strong interest and adoption of digital currencies.
Crypto.com Continues Acquisition
Crypto.com, started in 2016 and already has greater than 50 million users. In June, Crypto.com received provisional approval because of its virtual asset license in the Dubai Virtual Assets Regulatory Authority as well as in-principle authorization for any significant payment institution license in the Financial Authority of Singapore.
Furthermore, Crypto.com is registered using the Registration of Cyprus, the Hellenic Capital Market Commission, and also the Organismo Agenti e Mediatori (OAM) in Italia, A holiday in greece, and Cyprus.
In addition, the exchange has Google Pay integrated because the payment method, that makes it feasible for Android users to make use of. Case study predicts that 100 million Google Pay users will want to consider going through the cryptocurrency industry.
