Fintech company Collect And Exchange CY received CySEC certification
Today, the company Collect&Exchange CY has successfully passed the CySEC certification procedure and was licensed as Crypto Asset Services Provider (CASP). It is a strong confirmation of its compliance with high standards of regulation, security and reliability in the financial sector.
Obtaining CySEC certification is a clear indication that Collect&Exchange CY complies with all strict rules and regulations of legal activity and operates in full compliance with current regulations and directives (MiCA, FATF, OFAC, AMLD and others). Possession of a CySEC license confirms the highest reliability of the Collect&Exchange CY and guarantees transparency and security of its activities for clients.
Collect&Exchange CY is becoming an integral part of the modern financial landscape of Cyprus and will strive to offer clients the following flexible and convenient services:
- Custody solution of crypto assets
- Exchange crypto assets for cash
- Exchange crypto assets for other crypto assets
- Crypto asset transfer services on behalf of clients
When providing all these services Collect&Exchange CY guarantees complete security of storage, access and use of crypto assets and fiat money in transactions.
“We are proud to be the first company in Cyprus that actually provides real crypto exchange services under official regulation,” said Ivelina Shapratilska, Compliance Officer and MLRO at Collect&Exchange CY. “This milestone sets a new benchmark for the local fintech market. We expect strong interest from the Cypriot fintech community — many companies have already shown attention to our solutions, and now, with the CySEC license in hand, we are ready to lead the way.”
Cyprus Securities and Exchange Commission (CySec) acts as a state regulator in Cyprus. The main objective of the Commission is to supervise the activities of financial and currency companies located in the Republic. CySEC closely cooperates with European Securities and Markets Authority (ESMA) and operates in accordance with EU rules, directives and other requirements.
About the company
Collect&Exchange CY It is a young company that was formed in early 2024. However, it has gathered many veterans of the fintech industry under its roof. Now it is a licensed organization that provides proven, reliable solutions for digital and fiat currencies for legal entities and individuals. High level of security and ensuring customer privacy is one of the key objectives of the company.
Media Contact Information
Collect & Exchange CY Ltd
contact@collectnexchange.cy
https://collectnexchange.cy/
