Company Overview and Services of Foris DAX MT Limited and Foris MT Limited

Foris DAX MT Limited: Malta’s Crypto Pioneer Expands Services Under New Regulations

St. Julians, Malta – Foris DAX MT Limited, operating under the well-known name Crypto.com, has solidified its position as a leading player in the cryptocurrency market by obtaining authorization from the Malta Financial Services Authority (MFSA) as a Crypto-Asset Service Provider. This milestone comes in accordance with the recently implemented Regulation 2023/1114 on Markets in Crypto-Assets, marking a significant step in the evolution of crypto regulation in Malta.

Incorporated in Malta with company registration number C 88392, Foris DAX MT Limited is now authorized to offer a comprehensive suite of services tailored to both individual and institutional clients. These services include the exchange of crypto-assets for traditional funds, the exchange of one crypto-asset for another, and the reception and transmission of orders on behalf of clients. Additionally, the company provides execution services, transfer services, and custody and administration of crypto-assets.

The company’s expansion is complemented by its sister entity, Foris MT Limited, which is responsible for the provision of the Cash Account and the issuance of the Crypto.com Visa Card. This card is issued under a Visa Principal Member license, further enhancing the accessibility of crypto-assets for everyday transactions.

Both Foris DAX MT Limited and Foris MT Limited are headquartered at Level 7, Spinola Park, Triq Mikiel Ang Borg, St. Julians, Malta, and are committed to adhering to the highest standards of regulatory compliance. However, it is important to note that any additional products or services advertised on the Crypto.com platform may be offered by other group companies and are not covered by the regulatory framework governing Foris DAX MT Limited or Foris MT Limited.

As the cryptocurrency landscape continues to evolve, Foris DAX MT Limited emphasizes the importance of understanding the inherent risks associated with trading and holding crypto-assets. “Investing in crypto-assets carries risks and may not be suitable for everyone,” the company warns. “We encourage potential investors to carefully consider their financial condition and risk tolerance before diving into the crypto market.”

For more information about the services offered and the risks involved, interested parties can reach out via chat at chat.crypto.com or visit their office in St. Julians.

As Malta positions itself as a hub for cryptocurrency innovation, Foris DAX MT Limited stands at the forefront, ready to navigate the complexities of this dynamic market while ensuring compliance and security for its clients.