Crypto market making firm Keyrock has received regulatory clearance from the Swiss Financial Services Standards Association (VQF).

"Securing the VQF membership reinforces Keyrock's stance on upholding rigorous regulatory standards within the crypto space. As the landscape evolves, our focus remains steadfast on ensuring both compliance and trust in our services,” Keyrock CEO Kevin de Patoul said in a press release sent to The Block.

The VQF is a self-regulatory organization recognized by the Swiss regulator, the Financial Market Supervisory Authority (FINMA).

According to Keyrock's press release, Swiss regulatory approval should provide the market maker with a foothold from which to grow its presence in Europe and across the globe. "This milestone confirms our commitment to engage with …