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Home BREAKING NEWS

Crypto.com Becomes a Registered Crypto Provider in the Netherlands

BlockNews Team by BlockNews Team
September 28, 2023
in BREAKING NEWS, BUSINESS, CRYPTO
Reading Time: 2 mins read
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Crypto.com has announced that its registration with the De Nederlandsche Bank (DNB) as a crypto service provider has been approved, meaning that the exchange now has the legal authority to operate as a provider and issuer of digital assets in Dutch markets.

We're excited to share that https://t.co/vCNztATSCO has been approved for registration in the Netherlands🇳🇱 as a provider of crypto services.

This registration confirmation follows a comprehensive review of https://t.co/vCNztATSCO’s business and compliance practices.

Learn… pic.twitter.com/MSiRJJ9KDy

— Crypto.com (@cryptocom) July 28, 2023
Via @cryptocom – Twitter

This registration approval comes after a lengthy review of Crypto.com’s operations and practices to ensure the exchange aligns with Dutch compliance standards outlined in the Netherlands Anti-Money Laundering and Anti-Terrorist Financing Act.

“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.” -Kris Marszalek, CEO of Crypto.com.

Crypto.com has been steadily gaining approval as a registered crypto service provider from varying nations worldwide. It has received a Major Payment Institution license from the Monetary Authority of Singapore and is recognized as a registered Digital Asset Service Provider by the AMF in France and the UK Financial Conduct Authority (FCA). With this latest approval from the DNB, Crypto.com positions itself as a global leader in cryptocurrency issuance.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Crypto.comNetherlands
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