Key Takeaways
- Crypto.com has obtained conditional approval from the Cayman Islands Financial Authority for its Digital Asset Service Supplier license.
- The milestone follows their earlier VASP registration in 2022.
Crypto.com has obtained conditional approval to function as a Digital Asset Service Supplier (VASP) within the Cayman Islands, in line with a Monday announcement. The license will allow the change to broaden its institutional choices out there.
The Cayman Islands launched registration necessities for crypto corporations in 2020, and Crypto.com accomplished that course of in 2022.
In April 2025, a stricter licensing regime for custodians and buying and selling platforms got here into full impact, and Crypto.com is now the primary main platform to advance underneath the brand new framework.
The corporate expects to safe full authorization underneath the Cayman Islands’ VASP licensing framework within the coming months.
“Crypto.com has constructed our basis for development and success on regulation and compliance,” stated Kris Marszalek, Co-Founder and CEO of Crypto.com. “We’re tremendously proud to be our business’s chief in licenses and registrations, and to now be the primary digital asset agency to obtain this approval within the Cayman Islands.”
