Crypto.com Dutch Central Bank Grants Official Approval to
Market Musing-g

Crypto.com Dutch Central Bank Grants Official Approval to

2ในการอ่าน
1 year ago

Crypto.com has obtained registration approval from De Nederlandsche Bank (DNB), the Dutch central bank. The approval comes after a thorough evaluation of Crypto.com's business and compliance practices in alignment with the Netherlands' Money Laundering and Terrorist Financing Act...

Crypto.com Dutch Central Bank Grants Official Approval to
Crypto.com has obtained registration approval from De Nederlandsche Bank (DNB), the Dutch central bank.

The approval comes after a thorough evaluation of Crypto.com's business and compliance practices in alignment with the Netherlands' Money Laundering and Terrorist Financing Act.

With this regulatory license in hand, Crypto.com is poised to offer a range of crypto services in the Dutch market, including fiat-to-virtual asset exchanges and custodial wallet solutions.

Joining the ranks of 36 registered crypto businesses in the Netherlands, including BitPay, Bitstamp, and Coinbase's European arm, Crypto.com's approval marks a milestone for the company.

The Dutch central bank acknowledged that Crypto.com is now authorized to provide exchange services between fiat currencies and virtual assets like Bitcoin (BTC) and Ether (ETH), along with offering customers secure crypto custodial wallets.

Emphasizing the company's dedication to responsible growth in the industry, Kris Marszalek, the CEO of Crypto.com, expressed the paramount importance of collaboration with regulators.

This partnership ensures a seamless progression for the company while complying with regulatory requirements, ultimately benefiting the customers and the broader crypto community.

Having successfully secured licenses from various jurisdictions worldwide, Crypto.com has demonstrated its commitment to compliance across borders.

Notably, the company obtained a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore and holds registration as a crypto-asset business from the UK's Financial Conduct Authority (FCA).

Moreover, Crypto.com has received approvals from authorities in Dubai, South Korea, Australia, the USA, and other countries, establishing its presence as a reliable and compliant player in the global cryptocurrency market.

0 people liked this article

Related Articles

Market Musing-g
Polkadot Price Analysis: Will the Polkadot Price Break Its Boundary?
1 The Polkadot (DOT) price is moving near $5.29, observing a change of -6.69% in the 24-hour trading volume. 2 The price observed a rise of 1.90% in the last 24 hours. Polkadot price prediction sug...
1 year ago
4ในการอ่าน
Market Musing-g
Bitcoin(BTC) In Bearish Zone | Caution for Investors?
Bitcoin, the largest cryptocurrency by market cap, is currently facing bearish momentum with a 3.69% decline. Despite hitting an all-time high of this year’s $31,474 in early July, it struggled to ...
1 year ago
3ในการอ่าน
Market Musing-g
Whale Alert: Huge $250 Million ETH Trade Signals Market Strength
Ethereum (ETH) sees massive $250 million bet, hinting at possible price surge on horizon
1 year ago
2ในการอ่าน
Market Musing-g
10 Kekeliruan Investor Crypto
Berinvestasi dalam mata uang kripto bisa sangat menarik, tetapi banyak investor crypto baru jatuh ke dalam kesalahan umum saat berdagang dan berinvestasi dalam mata uang kripto. Mulai dari praktik ...
1 year ago
6ในการอ่าน
Market Musing-g
XRP Community Reacts as SEC Chair Avoids Discussing Ripple Case
SEC chair Gary Gensler avoids discussing Ripple case specifics in Bloomberg interview
1 year ago
3ในการอ่าน
Market Musing-g
Mata Uang BRICS Diprediksi Dongkrak Harga Emas, Tapi Hempaskan Dolar Amerika
Ekonom, Jim Rickards memprediksi mata uang BRICS bakal dongkrak harga emas, namun dampaknya akan menghempaskan dolar AS Menurut Rickards, mata uang BRICS yang diberi nama 'bric' akan diikatkan (tet...
1 year ago
3ในการอ่าน