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Crypto.com Achieves Regulatory Milestone in the Cayman Islands: Registered as a Virtual Asset Service Provider

CronosChainNews by CronosChainNews
August 11, 2022
in Cronos, Regulations
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Crypto.com Achieves Regulatory Milestone in the Cayman Islands: Registered as a Virtual Asset Service Provider
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Today, Crypto.com has received registration and regulatory approval as a Virtual Asset Service Provider from none other than the prestigious Cayman Islands Monetary Authority. This momentous approval now sets the stage for Crypto.com to offer a diverse suite of products and services in full compliance with local regulations. Kris Marszalek, the visionary Co-Founder and CEO of Crypto.com, expressed his delight and emphasized the platform’s unwavering commitment to compliance and collaboration with regulators. He stated, “This regulatory approval in the Cayman Islands is the latest example of Crypto.com’s commitment to compliance and our constructive approach to regulator engagement. We look forward to expanding our suite of offerings and services available, and continuing to work with stakeholders across sectors on advancing blockchain technology.” The approval as a Virtual Asset Service Provider marks a crucial milestone for Crypto.com, enabling them to deliver a comprehensive and secure crypto experience to users in the Cayman Islands. With a focus on compliance and user safety, Crypto.com is poised to redefine the way digital assets are accessed and utilized in the region.
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