Crypto.com has successfully obtained governmental clearance to conduct business in Italy

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Last Updated on July 20, 2022 by Bitfinsider

One of the biggest cryptocurrency exchange platforms in the world, Crypto.com, has acquired regulatory authorisation to provide its services in Italy.

The platform said on Tuesday that the Organismo Agenti e Mediatori (OAM) had given it the go-ahead.

The permission enables Crypto.com, which has experienced rapid growth over the past few months, to provide its array of cryptocurrency products and services in the nation. The achievement guarantees that the exchange’s operations will adhere to local laws.

Kris Marszalek, the exchange’s co-founder and CEO, said: “We are excited to receive this registration in Italy and view it as a major step forward for Crypto.com.”

With regards to the company’s decision to register, Marszalek added: “We are committed to building lasting growth in the region and will continue working with regulators to deliver a wide range of products and services to our valued customers.”

With more than 50 million users worldwide and a 2016 launch, Crypto.com has now added the Italian registration to the one it most recently got from Greek authorities.

The Monetary Authority of Singapore has also given the platform an in-principle permission, while Dubai’s Virtual Assets Regulatory Authority has granted it a provisional license for virtual assets (VARA).

With the regulatory approval, two other leading cryptocurrency companies (Binance and Coinbase), will now be joined by Crypto.com in applying for registration and receiving clearance in Italy.


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Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.


Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.

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