Crypto.com Kicks Off Exchange Platform Rollout in the US

On Tuesday, Crypto.com, one of the fastest-growing cryptocurrency and financial services platforms, announced that it began the initial phase of its platform’s launch in the United States.

According to the firm, the exchange is now available for waitlisted users with a progressive rollout over the coming months. At the same time, Crypto.com invited institutional investors based in the US to join the waitlist.

“We are excited to be expanding our offering for professional traders to the US. Crypto.com Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term will support US institutional investors through this initial launch phase. We are looking forward to rolling it out to everyone as soon as possible,” Kris Marszalek, the CEO of Crypto.com, commented on the announcement.

Last month, Crypto.com became the first crypto firm to be certified with ISO 22301:2019. The certificate has been awarded to crypto.com by the British Standards Institution (BSI). The certificate is seen as a standard for Business Continuity Management (BCM).

Jason Lau, the Chief Information Security Officer at Crypto.com, said: “ISO 22301 demonstrates that business resilience is embedded into Crypto.com’s operations. Resilience is an important part of our business operations to ensure that we react and adapt to changing circumstances in a systematic way.”

New Hires

Also, recently announced in a press release shared with Finance Magnates, Crypto.com onboarded six additional recruits to its senior personnel and management. The new recruits have been hired to enhance its capability and presence in the UK as well as reinforce its principal functions, working in operations, compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term, engineering and communications.

Crypto.com is investing significantly in its engineering teams based in the UK. In 2022, the company plans to recruit more than four hundred new employees to expand the platform and facilitate billions of daily crypto and NFT transactions across its mobile apps and low latency trading exchange.