The popular cryptocurrency exchange – Crypto.com – secured regulatory approval from the central bank of the Netherlands to register as a provider of digital asset services.
The company previously received certain types of authorization from numerous other European nations, including the United Kingdom, France, Italy, Spain, and more.
- Crypto.com announced it has complied with the Netherlands’ Money Laundering and Terrorist Financing (Prevention) Act to obtain a green light from De Nederlandsche Bank (DNB).
- CEO Kris Marszalek said collaborating with watchdogs to develop the cryptocurrency sector is of “paramount importance” to the firm.
“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,” he added.
- Crypto.com has recently obtained multiple authorizations across the globe. The Monetary Authority of Singapore (MAS) allowed it to offer cross-border and domestic money transfer services, while the Dubai Virtual Assets Regulatory Authority (VARA) granted it an MVP Preparatory Licence.
- Australia, Canada, and South Korea are other countries where the exchange has secured regulatory approval over the years.
- The company has also been pushing hard in Europe, receiving permission to provide services in France, the UK, Italy, Greece, Cyprus, and Spain.
SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: https://cryptopotato.com/crypto-com-expands-its-european-presence-by-registering-in-the-netherlands/
- :has
- :is
- :where
- $UP
- 000
- 1
- a
- across
- Act
- added
- AI
- allowed
- also
- an
- and
- approval
- ARE
- around
- AS
- asset
- Assets
- authority
- authorization
- background
- Bank
- been
- binance
- Binance Futures
- border
- business
- by
- Canada
- central
- Central Bank
- certain
- code
- collaborating
- color
- COM
- commitment
- company
- compliance
- content
- continuing
- countries
- cross-border
- crypto
- Crypto.com
- cryptocurrency
- Cryptocurrency Exchange
- Cyprus
- de
- DE NEDERLANDSCHE BANK
- deposits
- develop
- digital
- Digital Asset
- DNB
- Domestic
- Dubai
- Dubai Virtual
- Dubai Virtual Assets Regulatory Authority
- end
- enjoy
- Enter
- Ether (ETH)
- Europe
- European
- exchange
- Exclusive
- expands
- external
- Fees
- financing
- Firm
- First
- For
- Forward
- France
- Free
- from
- Futures
- globe
- granted
- Greece
- Green
- green light
- Hard
- he
- HTTPS
- in
- Including
- internal
- IT
- Italy
- ITS
- jpg
- Kingdom
- korea
- latest
- Laundering
- Licence
- light
- like
- Look
- Margin
- MAS
- might
- milestone
- Monetary
- monetary authority
- Monetary Authority of Singapore
- Monetary Authority of Singapore (MAS)
- money
- Money Laundering
- more
- multiple
- MVP
- Nations
- Netherlands
- numerous
- obtain
- obtained
- of
- off
- offer
- on
- Other
- our
- over
- permission
- plato
- Plato Data Intelligence
- PlatoData
- Popular
- presence
- Prevention
- previously
- provide
- provide services
- provider
- Pushing
- Reading
- receive
- received
- receiving
- recently
- register
- registering
- Registration
- Regulators
- regulatory
- regulatory approval
- Said
- sector
- Secured
- Services
- Share
- significant
- Singapore
- solid
- South
- South Korea
- Spain
- special
- Sponsored
- terrorist
- terrorist financing
- testament
- The
- the Netherlands
- the UK
- the United Kingdom
- the world
- this
- to
- transfer
- true
- types
- Uk
- United
- United Kingdom
- VARA
- Virtual
- virtual assets
- we
- while
- with
- Work
- world
- years
- Your
- zephyrnet
More from CryptoPotato
Ex Ankr and Blockdaemon Execs Launch Tenet, A Layer-1 Ecosystem to Maximize LSD Utility
Source Node: 2080965
Time Stamp: May 3, 2023
TradFi Embracing Ethereum: Messari Predicts Wall Street’s Attraction to the Blockchain
Source Node: 2411780
Time Stamp: Dec 23, 2023
Ethereum Price Analysis: ETH’s Recovery in Question Following Failure at $2.7K
Source Node: 1156953
Time Stamp: Jan 27, 2022
Gemini Taps MakerDAO To Boost Adoption of Its GUSD Stablecoin
Source Node: 1707360
Time Stamp: Sep 29, 2022
How to Buy and Sell Your First NFT on OpenSea? A Step-by-Step Guide
Source Node: 1137887
Time Stamp: Jan 13, 2022
YES WORLD Reached 100k Holders Mark, Doubled in Under 2 Months
Source Node: 1787564
Time Stamp: Dec 28, 2022
Poloniex LaunchBase Relaunches With APENFT’s Native Token NFT
Source Node: 868942
Time Stamp: May 21, 2021
People’s Bank of China With a Broader Crackdown on Bitcoin and Crypto
Source Node: 934252
Time Stamp: Jun 21, 2021
EY Launches Ethereum-Based OpsChain Contract Manager for Business Contracts
Source Node: 2552517
Time Stamp: Apr 20, 2024
Cryptocurrency Market Cap Paints a New All-Time High Above $3 Trillion
Source Node: 1106820
Time Stamp: Nov 8, 2021