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Cryptocurrency exchange Crypto.com has received regulatory approval from Italy’s Organismo Agenti e Mediatori (OAM), the company announced on Tuesday.
The leading crypto exchange can now legally offer its products and services to customers in the European country.
With over 50 million customers worldwide, Crypto.com, the official sponsor of the 2022 FIFA World Cup in Qatar, recently got the green light to operate in Greece and Singapore, while back in March it opened an office in Dubai.
Company co-founder and CEO Kris Marszalek said in a press release:
“We are excited to receive this registration in Italy and view it as a major step forward for Crypto.com.
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.”