Right this moment, the Financial Authority of Singapore (MAS) granted Crypto.com a Main Funds Establishment (MPI) license for the supply of Digital Cost Token (DPT) providers. The assertion was made after the MAS gave Crypto.com its permission in precept in June 2022. With the assistance of this license, Crypto.com could proceed to supply Digital Cost Token (DPT) providers to customers in Singapore.

This current announcement continues Crypto.com’s regulatory licensing progress, which shall be granted by the Financial Authority of Singapore in November 2022 as a significant cost establishment license for e-money issuance, account issuance and cross-border home cash switch providers. obtained the approval of Registration as a Digital Asset Service Supplier (DASP) with the French Monetary Market Authority (AMF). Registration approval as a crypto asset enterprise from the UK Monetary Conduct Authority (FCA). Approval of MVP Preparatory License from Dubai Digital Property Regulatory Authority (VARA). Registration of Digital Monetary Transaction Act and Digital Asset Service Supplier in South Korea. AUSTRAC approval for registration as a digital foreign money trade supplier and impartial remittance supplier in Australia. Australian Monetary Providers License and Australian Credit score License from the Australian Securities and Investments Fee (ASIC). Registration from the Organismo Agenti e Mediatori (OAM) in Italy. Registration in Greece by the Greek Capital Market Board. Registration with the Securities and Trade Fee in Cyprus. Regulatory approval from the Cayman Islands Financial Authority. US Commodity Futures Buying and selling Fee (CFTC) regulated Derivatives Clearing Group (DCO) and his two Designated Contract Markets (DCM). Pre-registration efforts with the Ontario Securities Fee and Canadian Securities Directors, amongst others.