As a seasoned crypto investor with a strong background in the industry, I view Crypto.com’s membership in Adan as an excellent move towards fostering collaboration and innovation within the European crypto and blockchain community. With its unwavering commitment to regulatory compliance and security, Crypto.com is well-positioned to contribute meaningfully to the development of the industry across France and the EU region.
Crypto.com, a renowned cryptocurrency exchange based in Singapore, has revealed its new membership in Adan, a French-European organization comprised of crypto and blockchain professionals. By becoming a part of Adan, Crypto.com is able to engage in efforts aimed at enhancing and progressing the industry within Europe and France.
“Eric Anziani, President and COO of Crypto.com, expressed his excitement about the company’s new membership in Adan. Sharing common values and objectives for the crypto industry in France and the EU, Crypto.com supports the upcoming MiCA regulation. As an Adan member, the team is eager to engage in collaborative efforts to foster responsible innovation and education within Web3.”
Crypto.com Joins Others in Adan Creating Crypto and Blockchain Frameworks
Based on a press release from Crypto.com, Adan is made up of approximately 200 individuals, encompassing both new and experienced professionals in the crypto industry. The primary goals of Adan are fostering innovation and expanding Web3 applications within its areas of focus. By facilitating collaboration and synergy between members at all levels of experience, Adan plays a key role in driving advancements and removing hindrances to growth and competitiveness. Members of Adan include Crypto.com, Ethereum France Association, Binance, Bitpanda, Mastercard, KPMG SA, Luno France, OKX France, and more.
Crypto.com Exchange Boasts of Being a Pioneer in Regulatory Compliance and Security, Driving Cryptocurrency Adoption Through Innovation
Crypto.com Plans Expansion
I’ve learned that The Exchange aims to bring in another 100 million users. In Melbourne, Crypto.com’s APAC head, Karl Mohan, has proposed novel offerings tailored for particular markets to draw more users in those regions. For instance, he highlighted the Australian market, which he described as instrumental to the company’s prosperity. He then expressed the intention of broadening our presence by providing top-tier products to the growing investor community in this mature market.
Last month, I discovered that Crypto.com obtained a full operational license from the Virtual Assets Regulatory Authority (VARA) in Dubai. This is a significant milestone for Crypto.com since they are the first cryptocurrency exchange granted permission to operate with fiat currency in the United Arab Emirates (UAE).
With the acquisition of a license from VARA, Crypto.com is well-positioned to bring on board up to an additional 100 million customers starting in November 2023. This newfound capability stems from the company’s ability to provide a diverse array of financial products to both individual and institutional investors in Dubai, following the successful completion of VARA’s rigorous four-step process. The process started in 2022 and encompassed a provisional permit and licenses for a Minimal Viable Product (MVP).
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2024-05-15 20:42