Crypto.com Strengthens Global Footprint, Obtains Virtual Asset Service Provider Approval in Cayman Islands

Crypto.com, the world's fastest growing cryptocurrency platform, announced today that it has received registration and regulatory approval as a Virtual Asset Service Provider from the Cayman Islands Monetary Authority. This approval will enable Crypto.com to offer a suite of products and services in compliance with local regulations.

"This regulatory approval in the Cayman Islands is the latest example of Crypto.com's commitment to compliance and our constructive approach to regulator engagement,"said Kris Marszalek, Co-Founder and CEO of Crypto.com."We look forward to expanding our suite of offerings and services available, and continuing to work with stakeholders across sectors on advancing blockchain technology."

Crypto.com continues to grow and expand its ecosystem actively, with more than 50 million users worldwide. Today's announcement follows Crypto.com having recently received in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore​, provisional approval of its Virtual Asset License from the Dubai Virtual Assets Regulatory Authority, Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea​, registration in Italy from the Organismo Agenti e Mediatori (OAM)​, registration in Greece from the Hellenic Capital Market Commission, and registration in Cyprus from the Securities and Exchange Commission.