Crypto.com App Launch in South Korea
Crypto.com is expanding its global presence by launching its app in South Korea on April 29. The app will provide retail customers access to trade over 150 cryptocurrencies and explore exclusive non-fungible token (NFT) projects.
Features of the Crypto.com App in South Korea
- Retail users can set up trading accounts to leverage the platform and licensing.
- Access to over 150 cryptocurrencies securely and reliably.
- Educational resources from Crypto.com University.
- A suite of benefits and rewards for users.
Eric Anziani, President and Chief Operating Officer of Crypto.com, expressed excitement about the launch in South Korea, emphasizing the market’s importance for the company’s growth and consumer interest in crypto.
Crypto.com is committed to collaborating with South Korean regulators to align its operations with local legal standards and uphold ethics and risk management principles.
Compliance and Partnerships
The app’s launch follows Crypto.com’s previous achievements, including obtaining Electronic Financial Transaction Act and Virtual Asset Service Provider registrations in August 2022. The company has also formed partnerships with companies in finance, gaming, and communication sectors in South Korea.
Patrick Yoon, General Manager of Crypto.com South Korea, highlighted the enthusiasm of South Korean crypto enthusiasts for more comprehensive and regulated Web3 products and services. He mentioned the tailored offering for the market and the honor of being the first and largest global cryptocurrency exchange to launch in South Korea.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.