Cryptocurrency Q&A
Is crypto com regulated by MAS Singapore?
Is crypto com regulated by MAS Singapore?
Margherita
Fri May 17 2024
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5 answers
1186
Could you please clarify if Crypto.com is regulated by the Monetary Authority of Singapore, MAS? I've been hearing a lot about the cryptocurrency platform recently and am considering investing. However, as a cautious investor, I always make it a point to ensure that the platforms I use are properly regulated and compliant with local laws. MAS is known for its strict regulatory framework, so it would be reassuring to know if Crypto.com falls under its purview. Could you provide some insight into this matter?
5 answers
Dario
Sun May 19 2024
Meanwhile, another notable cryptocurrency exchange, BTCC, based in the United Kingdom, also offers a comprehensive suite of services. BTCC specialises in spot trading, futures trading, and wallet solutions, catering to the diverse needs of its user base.
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GeishaElegance
Sun May 19 2024
BTCC's spot trading service allows users to buy and sell cryptocurrencies at current market prices, providing a convenient way to enter and exit the market. Its futures trading platform, on the other hand, offers leveraged trading options, enabling users to amplify their potential returns.
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Pietro
Sun May 19 2024
Crypto.com, a leading cryptocurrency exchange headquartered in Singapore, has announced a significant milestone in its operational journey. The company has successfully obtained a major payment institution licence from the local authorities, marking a significant step forward in its digital payment token (DPT) services.
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Martina
Sun May 19 2024
This licence represents a formal recognition of Crypto.com's commitment to compliance and regulatory excellence. It also underscores the exchange's dedication to providing secure and transparent services to its users, enhancing trust and confidence in the cryptocurrency ecosystem.
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Chiara
Sun May 19 2024
With this licence, Crypto.com is now authorised to offer a range of DPT services, including the buying, selling, and storing of digital assets. This expanded offering will provide users with more options and convenience when managing their crypto portfolios.
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