The Crypto.com company announced on the 1er November 2022 that she became an associate member of the program in Singapore. This strategic partnership will enable self-issuance of Crypto.com Visa cards in the marketplace. Being one of the most prominent crypto platforms, Crypto.com continues to deepen global partnerships to satisfy users. The Visa cards launched by the company will facilitate digital exchanges for customers in Singapore, but customers based elsewhere can also expect benefits from Crypto.com’s expanding ecosystem.
Crypto.com Visa Card Self-Issuance
Crypto.com, the popular crypto exchange, has announced plans to issue Visa cards to its users in Singapore. The company officially became a member of the Associate Program in Singapore from 1er november. This global partnership between Crypto.com and Visa will provide many benefits to customers. Indeed, the Crypto.com Visa card is the largest in its category worldwide. It is actually accepted by over 80 million merchants everywhere Visa is authorized. Customers can then trade on a daily basis, while enjoying numerous benefits and rewards.
Customers can also expect other exciting digital services and payments features once Crypto.com begins issuing the card. Crypto.com CEO Kris Marszalek said their mission is to provide more ways for customers to use crypto as payment for goods and services. He also highlighted their delight in deepening Crypto.com’s global partnership with Visa to enhance their offerings.
Global extension of its ecosystem
Currently, Crypto.com has over 50 million users worldwide. The company continues to grow and expand its ecosystem. It then continued the dynamic in terms of regulatory licenses. It has received approval for a major payment institution license for crypto issuance, account issuance, cross-border and domestic money transfer services under Foris Asia Pte. ltd. It has also received from the Monetary Authority of Singapore, separate approval in principle for a major payment institution license for digital payment token services under Foris DAX Asia Pte. ltd.
We can also mention the registration as a Digital Asset Service Provider (DASP) by the AMF in France. Registrations are numerous including registration as a crypto-asset company by the UK Financial Conduct Authority (FCA). Crypto.com has received approvals from various authorities around the world such as Australia, Asia, America and Canada.
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