Krypto.com continues its aggressive move and focuses attention on the virtual asset industry.
Crypto.com (CRO), a cryptocurrency trading platform, announced on the 8th that it acquired OK-BIT, a domestic virtual asset exchange, and P & Link, a pin-tec company. In addition, the registration of virtual asset companies has been completed.
“Korea is a country with a high interest in cryptocurrency,” said Chris Mazalek, CEO of Krypto.com.com, and will work with regulators to launch products and services in Korea.
The market environment, which had been stagnant due to Krypto.com’s entry into the domestic virtual asset exchange market, is expected to rebound.
Krypto.com’s aggressive move is seen in many countries.
Krypto.com obtained regulatory approval from the Cyprus Securities and Exchange Commission (SEC) in July, which allows the provision of legitimate services for platforms within Cyprus.
Currently, Krypto.com has licenses from countries such as Italy, Greece and Singapore. Earlier in March, the global cryptocurrency exchange FTX also secured regulatory approval from Cyprus and secured a path to entry into the European market.
Krypto.com added Google Pay as a payment option that Android users could purchase cryptocurrency the same month. Users who link credit cards, debit cards and Google Pay can trade cryptocurrency with Google Pay credit cards or debit cards on the Crypto.com app.
It also announced that it will support payment through Apple Pay within mobile apps through official Twitter.
“Users can buy cryptocurrency quickly and safely through Apple Pay within the app,” said Krypto.com.Purchase of cryptocurrency through Apple Pay is currently applied to Crypto.com’s credit and debit card payment, and the transaction limit is the same as the existing card payment. “