Crypto.com exchange registers in the Netherlands

Crypto.com has announced that it has obtained a registration as crypto service provider at Netherlands. His rival Binance left the country last month.

Crypto.com declared on Friday that its platform was now registered as a digital asset service provider to the De Nederlandsche Bank NVthe central bank of the Netherlands.

Collaborating with regulators to responsibly advance the crypto and blockchain industry is of paramount importance to Crypto.com. This registration approval is an important milestone for our company and the latest testament to our commitment to compliance,” commented Crypto.com boss Kris Marszalek in a statement.

The Singaporean exchange already held several registrations in Europeparticularly in France, the UK and Spain.

Read:  Marathon Digital wants to acquire rival BTC miners

Obtaining his license in Netherlands intervenes while its rival Binance recently withdrew from the Dutch market for regulatory reasons. “Although we have explored many alternative ways of serving Dutch residents in accordance with Dutch regulations, this has unfortunately not resulted in a VASP registration in the Netherlands for the time being,” Binance explained.

A thirty companies offering services cryptoincluding eToro and Coinbase, are now registered with the Dutch regulator.

In June, Crypto.com also won a Digital Token license at Singapore.

Read:  Binance to find a banking partner in Europe by September

To follow theCrypto news and Web3find Corners.en on TwitterLinkedin, Facebook or Telegram

The Best Online Bookmakers July 15 2024

BetMGM Casino

BetMGM Casino

Bonus

$1,000