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Crypto.com Will Begin Operating In France

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Singapore-based Crypto.com has received approval to operate as a Digital Asset Service Provider (DASP) in France, as per an official statement from the company. It has registered with France’s market regulator, Autorite des Marches Financiers (AMF). This is a necessary step for any company planning to provide trading and custody services based on digital assets in France. 

Crypto.com has gone through rounds of rigorous reviews for anti-money laundering and anti-terrorism before receiving regulatory approval. Before Crypto.com, Binance and Luno registered with France’s top regulator. This is good news for the company as it has been under scrutiny after leaving the five-year sponsorship deal with UEFA (Union of European Football Association)Champions League.

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