Cryptocurrency Exchange Crypto.com Expands to Italy
It's the latest expansion step after approvals in Greece, Singapore and Dubai.
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.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.