‍Collect & Exchange CY Secures Landmark CySEC License, Paving the Way for Regulated Crypto Services

Limassol, Cyprus-based fintech Collect & Exchange CY has obtained its Crypto Asset Services Provider (CASP) license from the Cyprus Securities and Exchange Commission (CySEC). This certification signifies the company's adherence to stringent regulatory standards, including MiCA, FATF, and AMLD, ensuring high reliability and transparency for clients.

Collect & Exchange CY will offer a range of services, including crypto exchange, custody, payment processing, and OTC trading, for both legal entities and individuals.

"We are proud to be the first company in Cyprus that actually provides real crypto exchange services under official regulation," stated Ivelina Shapratilska, Compliance Officer and MLRO. "This milestone sets a new benchmark for the local fintech market."

This development highlights the increasing institutionalization and regulation within the cryptocurrency space, offering a more secure and trustworthy environment for digital asset transactions.

https://cryptovka.ru/en/news/5966/collect-exchange-cy-paves-the-way-for-regulated-crypto-services-with-landmark-cysec-license