Crypto.com: We Got the Highest Ratings on Privacy, Security Based on US Standards
The crypto exchange and finance platform said it got high ratings for privacy and security using standards developed by a U.S. government agency.
"The largest token burn in history" will start Monday, the firm said.
The announcement came hours after Coinbase and OKCoin took similar actions.
The Hong Kong-headquartered cryptocurrency exchange has set up a new venture arm to invest the $200 million.
Crypto.com has secured an Australian Financial Service License through its acquisition of The Card Group.
The Hong Kong-based crypto firm received preliminary approval from the Malta Financial Services Authority (MFSA) for two financial licenses.