Crypto.com Expands its European Presence by Registering in the Netherlands

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.