Crypto.com company announced 1uh November 2022 which became an associate member of the program in Singapore. This strategic partnership will enable the self-issuance of Crypto.com Visa cards to market. As one of the leading crypto platforms, Crypto.com continues to deepen global partnerships to satisfy users. The Visa cards launched by the company will facilitate digital exchanges for customers in Singapore, but customers based elsewhere can also expect benefits from Crypto.com’s expanding ecosystem.
Self-issuing Crypto.com Visa cards
Crypto.com, the popular cryptocurrency exchange, has announced plans to issue Visa cards to its users in Singapore. The company officially became a member of the Associate Program in Singapore from 1uh November. This global partnership between Crypto.com and Visa will provide many benefits to customers. In fact, the Crypto.com Visa card is the largest in its class in the world. It is actually accepted by over 80 million merchants wherever Visa is authorized. Clients can then trade on a daily basis, enjoying numerous benefits and rewards.
Customers can also expect other interesting digital services and payment features once Crypto.com starts issuing the card. Crypto.com CEO Kris Marszalek said their mission is to provide more ways for customers to use cryptocurrencies as payment for goods and services. He also highlighted their delight in deepening Crypto.com’s global partnership with Visa to enhance their offerings.
Global extension of its ecosystem
Currently, Crypto.com has over 50 million users around the world. The company continues to grow and expand its ecosystem. It then continued the dynamic in terms of regulatory licensing. It has received approval for a license for a major payment institution for cryptocurrency issuance, account issuance, cross-border and domestic money transfer services under Foris Asia Pte. Ltd. It has also received from the Monetary Authority of Singapore a separate approval in principle for a license from a major payment institution for digital payment token services under Foris DAX Asia Pte. Ltd.
We can also mention the registration as a Digital Asset Service Provider (DASP) by the AMF in France. Registrations are numerous, including registration as a cryptocurrency company by the UK’s Financial Conduct Authority (FCA). Crypto.com has received approvals from various authorities around the world such as Australia, Asia, America and Canada.
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