The epicenter of the Renaissance, Italy has lengthy been acknowledged for its trendy affect throughout Europe. Right this moment, the nation continues to embrace forward-thinking expertise and innovation.
On the heels of a latest Cayman Islands regulatory approval, Blockchain.com has efficiently secured regulatory approval from Italy’s Organismo Agenti e Mediatori (OAM) as a Digital Asset Service Supplier (VASP) and might now present digital foreign money and pockets providers to Italian residents and institutional buyers beneath the OAM’s regulatory framework. Bellissimo!
By means of partaking with OAM we’ve been inspired by the considerate method to defending shoppers and stopping cash laundering. A key development market, Italy represents a big economic system in Europe with a excessive crypto adoption price relative to its peer international locations within the EU. Moreover, this milestone strengthens our place to supply providers throughout Europe forward of the forthcoming Regulation on Markets in Crypto Belongings (MiCAR), a landmark legislation anticipated to take impact in 2024/2025 that may create a single marketplace for crypto by means of harmonized guidelines.
This registration is a part of our broader dedication to world compliance and regulation in each jurisdiction the place we do enterprise. Based within the UK in 2011, we proceed to increase our services in Europe, which nonetheless represents our quickest rising geography.
In actual fact, now we have extra registrations and licenses in course of within the U.S., Germany, France, Spain, Dubai, Eire and The Netherlands, offering an ever-expanding vary of choices for our retail and institutional purchasers.
With 83 million wallets in additional than 200 international locations, Blockchain.com makes crypto straightforward to make use of with a robust Pockets, lightning-fast Trade, data-rich Explorer, and a bespoke Institutional enterprise. As a heritage crypto platform, we’re proud to have transacted greater than $1.2 trillion in crypto to this point.
You’ll be able to view Blockchain.com’s registration on the OAM registry for crypto enterprises right here.
