Crypto.com Receives UK Authorization as an Electronic Money Institution
Crypto.com received authorization to operate as an electronic-money institution in the U.K., the exchange said in a Monday press release.
It will use the new license from the Financial Conduct Authority to offer e-money products in the U.K., the company said. Crypto.com, as Forisgfs UK, was registered as a crypto business by the FCA in August last year.
Crypto.com has been striving to be compliant with regulators across the globe. The exchange recently received licenses in Singapore and is regulated as a derivatives clearing organization with the U.S. Commodity Futures Trading Commission. It also has registrations and licenses in France, Dubai and elsewhere.