The fintech company Collect & Exchange CY has obtained a cryptocurrency service provider license in Cyprus

ChainCatcher news, according to Chainwire, the fintech company Collect & Exchange CY has successfully completed the certification process by the Cyprus Securities and Exchange Commission (CySEC) and obtained a Crypto Asset Service Provider (CASP) license.

This certification confirms that Collect & Exchange CY meets the high standards of regulation, security, and reliability required in the financial sector, fully complying with current regulations and directives such as MiCA, FATF, OFAC, and AMLD.

After obtaining the CySEC license, Collect & Exchange CY will offer four core services to clients: crypto asset custody solutions, crypto asset exchange for cash, crypto asset swaps, and crypto asset transfer services on behalf of clients.