Crypto.com Reveals Regulatory Status in Malta Amid Crypto Asset Warnings

Crypto.com has published details about its regulatory status in Malta. The company is operated by two related entities, Foris DAX MT Limited and Foris MT Limited. Both are registered in Malta and authorized to provide various services.

Foris DAX MT Limited is a Crypto-Asset Service Provider, while Foris MT Limited is licensed to issue electronic money under the Financial Institutions Act (Electronic Money Institutions). The company's Cash Account is provided by Foris MT Limited, and its Visa Card is issued by the same entity.

Crypto.com warns that trading or holding crypto-assets carries risks and may not be suitable for all. It advises users to carefully consider their financial condition and risk tolerance before investing in such assets.