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Is Crypto.com regulated by any financial authorities?

avatarstephen_adairDec 27, 2021 · 3 years ago3 answers

Can anyone tell me if Crypto.com is regulated by any financial authorities? I want to make sure that my funds are safe and that the platform is operating legally.

Is Crypto.com regulated by any financial authorities?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, Crypto.com is regulated by multiple financial authorities. The platform is licensed and regulated by the Malta Financial Services Authority (MFSA) under the Virtual Financial Assets Act (VFAA). This ensures that Crypto.com operates in compliance with the highest regulatory standards and provides a secure environment for users to trade and store their cryptocurrencies.
  • avatarDec 27, 2021 · 3 years ago
    Crypto.com is indeed regulated by financial authorities. It holds a Class 3 Virtual Financial Assets (VFA) license issued by the Malta Financial Services Authority (MFSA), which means it has met the necessary requirements to operate as a cryptocurrency exchange. This regulatory oversight helps to protect users' funds and ensures that Crypto.com follows strict guidelines to prevent fraud and money laundering.
  • avatarDec 27, 2021 · 3 years ago
    Yes, Crypto.com is regulated by financial authorities. It is licensed and regulated by the Malta Financial Services Authority (MFSA) under the Virtual Financial Assets Act (VFAA). This regulatory framework ensures that Crypto.com operates with transparency and accountability, providing users with a safe and regulated platform to trade cryptocurrencies. As an investor, it's important to choose platforms that are regulated to mitigate risks and ensure the security of your funds.