The Crypto.com cryptocurrency platform has received a Payment Institution Licence from the Central Bank of Brazil.
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Olá 🇧🇷
We’re thrilled to announce our latest milestone in strengthening regulatory compliance, this time in Brazilhttps://t.co/vCNztATkNg has received a Payment Institution License from the Central Bank of Brazil
Details about the license:https://t.co/XgFCkZY0kR pic.twitter.com/8J15yGOJLU
— Crypto.com (@cryptocom) December 15, 2022
“Brazil and the entire Latin American market are an important region for realising our vision of cryptocurrency in every wallet,” said Kris Marshalek, CEO of the company.
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In August Crypto.com received a licence to operate with crypto assets in the United Kingdom. In the same month itacquired the payments services provider PnLink and the digital asset provider OK-BIT with the corresponding licenses from South Korean regulators.
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Earlier the platform received approvals to operate from authorities in Italy, Greece, Cyprus, Italy, Greece, Cyprus, Singapore and Dubai.
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In November, the Brazilian parliament backed a bill to regulate the crypto industry.
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