Crypto.com announced on 1Verse November 2022 Became an Associate Member of the Program in Singapore. This strategic partnership will enable the self-issuance of Visa Crypto.com cards in the market. Being one of the most prominent crypto platforms, Crypto.com continues to deepen global partnerships to satisfy its users. The Visa cards launched by the company will facilitate digital exchanges for customers in Singapore, but customers residing elsewhere can also expect benefits from Crypto.com’s expanding ecosystem.
Crypto.com Visa Card Self Issuance
Crypto.com, the popular cryptocurrency exchange, has announced plans to issue Visa cards to its users in Singapore. The company has officially become a member of the Associate Program in Singapore from 1Verse November. This global partnership between Crypto.com and Visa will provide many benefits to customers. In fact, the Visa Crypto.com card is the largest in its class worldwide. It is already accepted by more than 80 million merchants everywhere Visa is licensed. Clients can then trade on a daily basis, enjoying many benefits and bonuses.
Customers can also expect other exciting digital payments and services features once Crypto.com starts issuing the card. Crypto.com CEO Chris Marsalek said their mission is to provide more ways for customers to use crypto as payment for goods and services. He also highlighted their happiness in deepening Crypto.com’s global partnership with Visa to enhance their offering.
The global reach of its ecosystem
Currently, Crypto.com has more than 50 million users worldwide. The company continues to grow and expand its ecosystem. Then the dynamics with regard to regulatory licenses continued. It has obtained approval for a major payment institution license for crypto issuance, account issuance and cross-border and domestic money transfer services under Foris Asia Pte. Ltd. It has also received, from the Monetary Authority of Singapore, separate approval in principle to license 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 Crypto Asset Company by the UK’s Financial Conduct Authority (FCA). Crypto.com has received approvals from various parties around the world such as Australia, Asia, America and Canada.
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