Cryptocurrency Exchange Crypto.com Expands to Italy

It's the latest expansion step after approvals in Greece, Singapore and Dubai.

AccessTimeIconJul 19, 2022 at 11:00 a.m. UTC
Updated May 11, 2023 at 5:34 p.m. UTC

Crypto.com has won regulatory approval from Italy’s Organismo Agenti e Mediatori (OAM), allowing the exchange to distribute its products and services to customers in that country.

It’s the latest expansion step for Crypto.com, recently won approval to operate in Greece, in June obtained a license in Singapore, and in March opened an office in Dubai.

“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,” said company co-founder and CEO Kris Marszalek in a press release Tuesday.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Cam Thompson

Cam Thompson was a news reporter at CoinDesk.