Crypto.com

Singapore-based cryptocurrency exchange company Crypto.com has received its minimal viable product (MVP) Preparatory License from Dubai’s Virtual Assets Regulatory Authority (VARA).

Crypto.com, the world’s fastest growing cryptocurrency platform, announced Monday it has secured Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea by acquiring payment service provider ‘PnLink Co., Ltd.’ and virtual asset service provider ‘OK-BIT Co., Ltd.’.

This collaboration expands the company’s chain support ecosystem as it takes another significant step towards its Mainnet launch. The partnership is set to give rise to a suite of developer tools and services that allow Crypto.com chain partners to develop high-quality apps.