Crypto.com Has Secured Payment Institution License from Central Bank of Brazil

Crypto.com has secured a Payment Institution License from the Central Bank of Brazil. This license will allow Crypto.com to continue offering regulated fiat wallet services for customers in Brazil.

"Brazil and the entire LATAM market is a significant region in the pursuit of our vision of cryptocurrency in every wallet," said Kris Marszalek, CEO of Crypto.com. "We are incredibly proud to secure the license in Brazil, allowing us to lead as a safe, secure and compliant platform. We look forward to continuing working with regulators and authorities throughout the region in advancing cryptocurrency and blockchain technology."

Previously, Crypto.com receives regulatory approval as a Digital Asset Service Provider in France.