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Crypto.com Becomes a Registered Crypto Provider in the Netherlands

BlockNews Team by BlockNews Team
September 28, 2023
in Breaking News, Business, Crypto
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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.

Tags: Crypto.comNetherlands
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