Crypto.com has obtained electronic money institution authorization from the UK FCA

ChainCatcher news, the cryptocurrency exchange Crypto.com has announced that it has been authorized by the UK's Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI).

Previously, Crypto.com registered with the FCA for cryptocurrency asset activities in August 2022. After obtaining EMI authorization, Crypto.com will offer a suite of localized electronic money products in the UK.