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Crypto.com secures digital asset provider licence in Italy

Crypto.com secures digital asset provider licence in Italy

The cryptocurrency platform Crypto.com has received approval from the Italian regulator OAM. The firm will begin offering residents of the country services related to digital assets.

“We view obtaining the license as an important step forward for Crypto.com,” said its CEO Chris Marshalek.

The press release states that the platform’s client base has reached 50 million users.

Earlier, Crypto.com received approvals to operate from the regulatory authorities in Greece, Сингапура and Дубая.

Earlier this June, Marshall announced plans to lay off about 5% от штата сотрудников.

Prior to that, the company объявила significant reductions in staking rewards for the CRO token for prepaid cards.

Later, the platform пересмотрела расходы на маркетинг после значительных трат на показ рекламы на Суперболе.

In March 2022, it became known that Crypto.com would become a sponsor of the World Cup.

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