Cryptocurrency Q&A
Is crypto.com legal in the USA?
Is crypto.com legal in the USA?
SumoPowerful
Thu Sep 05 2024
|
6 answers
1557
Are there any legal concerns surrounding the use of Crypto.com in the United States? Are there any regulations in place that prohibit or restrict its operations within the country? Is it SAFE for US citizens to use Crypto.com for their cryptocurrency transactions? Are there any risks associated with using the platform in the USA? How does Crypto.com comply with the laws and regulations of the US government? What steps does the company take to ensure that its operations are in line with the legal framework of the country?
6 answers
DaeguDivaDanceQueenElegance
Sat Sep 07 2024
Crypto.com is a cryptocurrency platform that operates within the legal framework of various jurisdictions. In the United States, it holds a money services business license issued by FinCEN, the Financial Crimes Enforcement Network.
Was this helpful?
208
46
Valentina
Sat Sep 07 2024
This license allows Crypto.com to legally offer its services to customers in the U.S. It is a testament to the platform's commitment to compliance and transparency in its operations.
Was this helpful?
154
86
CryptoWizardry
Fri Sep 06 2024
Additionally, Crypto.com has obtained money transmitter licenses in every U.S. state that mandates such a requirement, except for New York. This ensures that the platform adheres to the specific regulations of each state where it operates.
Was this helpful?
161
76
GinsengBoostPowerBoost
Fri Sep 06 2024
Crypto.com's legal status extends beyond the continental U.S. It is also legally available in American Samoa, a U.S. territory in the South Pacific Ocean.
Was this helpful?
349
23
Dario
Fri Sep 06 2024
The platform's reach also includes the Northern Mariana Islands, a commonwealth in political union with the United States located in the western Pacific Ocean.
Was this helpful?
393
67
Load 5 more related questions
