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Cryptocurrency Exchange Crypto.com Expands to Italy

It's the latest expansion step after approvals in Greece, Singapore and Dubai.

AccessTimeIconJul 19, 2022 at 11:00 a.m. UTC
Updated Jul 19, 2022 at 3:35 p.m. UTC

Cam Thompson is a news reporter at CoinDesk.

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

It’s the latest expansion step for Crypto.com, recently won approval to operate in Greece, in June obtained a license in Singapore, and in March opened an office in Dubai.

“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 in a press release Tuesday.

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Cam Thompson is a news reporter at CoinDesk.

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Cam Thompson is a news reporter at CoinDesk.