Crypto.com has garnered regulatory approval from Italy’s Organismo Agenti e Mediatori (OAM), allowing the exchange to distribute its products and services to customers in that country, according to a press release.
“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.
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.