Crypto.com exchange wins Singapore license

·01/06/2023
·Laeti Marison (SatoshiBelle)

The exchange Crypto.com recently announced that it has been granted a Digital Token license by the Monetary Authority of Singapore.

This Major Payment Institution license enables Crypto.com to offer “Digital Payment Token” services in Singapore.

The Monetary Authority of Singapore is recognized worldwide as a regulator that ensures responsible innovation in the digital asset sector. We are proud to receive the license from a regulator that prioritizes consumer protection, safety and security,” commented Kris Marszalek, CEO of Crypto.com.

Indeed, Marszalek expressed his pride at receiving this license from a regulator that places great importance on these principles. Crypto.com had already received approval in principle from MAS in 2022.

The platform is currently working to obtain approvals in various jurisdictions, and already holds a PSAN registration in France.

In addition, Crypto.com recently began the preparatory phase of the crypto regulatory program in Dubai.

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Article written by: Laeti Marison (SatoshiBelle)

Laeti Marison, also known as SatoshiBelle, is a multifaceted professional with a passion for community management, content creation, and digital marketing. With a diverse background in various roles, Laeti has consistently demonstrated her expertise and dedication in the field. Recognizing her potential, Laeti then took on the responsibilities of a Project and Community Manager at Magna Numeris and Cartam from November 2018 to March 2021. In this role, she showcased her ability to successfully lead projects and foster strong relationships within the community. Currently, Laeti serves as an SEO content writer, Digital Marketing Manager, and co-founder at Trendingcrypto.news magazine, starting from February 2022 till now. Through her expertise in digital marketing and her passion for the crypto industry, she has contributed to the success of the magazine, ensuring its content remains relevant, engaging, and informative.