In November, Crypto.com was proud to be recognised for our commitment to provide a highly secure and compliant crypto trading environment for users across the globe. We are now the first cryptocurrency company in the world to receive in-principle approvals for a Financial Institution License and a Class 3 VFA License, and to be rated ‘Adaptive (Tier 4)’, the highest level for both NIST Cybersecurity and Privacy Frameworks. We also joined the Visa Fast Track Programme to speed up the global rollout of our card programme.
In addition to reaching new milestones, we continued to enhance our product offerings in November, bringing exciting new features and events to our community. We announced that Crypto.com Visa Cards will soon be shipping to Canada, launched Margin Trading on the Exchange, integrated DeFi Swap on the DeFi Wallet, and listed BTC on Supercharger. For details about these updates and more, read on!
Highlights:
Crypto.com Receives In-Principle Approvals for a Financial Institution License and a Class 3 VFA License
We’re proud to announce that Crypto.com is one of the first cryptocurrency platforms to receive in-principle approvals for a Financial Institution License and a Class 3 Virtual Financial Assets (VFA) License from the Malta Financial Services Authority. Learn more here.
Crypto.com Visa Card Coming to Canada
The Crypto.com Visa Card will start shipping to Canada in January 2021. Reserve yours here.
Margin Trading Launched in Private Beta on the Exchange
Margin Trading has officially launched on the Crypto.com Exchange. The Private Beta is now live for selected users, where they can access up to 3X leverage for BTC/USDT, with more trading pairs to come. Margin Trading will be opened to the public soon! View details here.
DeFi Swap Now Integrated with Crypto.com DeFi Wallet
We’ve integrated a built-in swap function in the DeFi Wallet app using our DeFi Swap Protocol, allowing users to exchange tokens directly in the DeFi Wallet app. See how it works here.
Crypto.com Joined Visa Fast Track Programme
We’re excited to announce that we joined Visa’s Fast Track programme to further accelerate the development and distribution of innovative payment solutions. Read more about it here.
Crypto.com is the First Cryptocurrency Company to Achieve the Highest Maturity Levels Under the NIST Cybersecurity and Privacy Frameworks
Crypto.com has been rated ‘Adaptive (Tier 4)’—the highest maturity level under the National Institute of Standards and Technology (NIST) Cybersecurity Framework and NIST Privacy Framework, which were developed by the U.S. Department of Commerce. This milestone means Crypto.com is now the first cryptocurrency company in the world to meet ISO27001, ISO27701, PCI:DSS (Level 1) standards, and achieve the highest maturity levels for the respective NIST frameworks. More details here.
Crypto.com Joined the International Digital Asset Exchange Association
We became a member of the International Digital Asset Exchange Association (IDAXA) in November, which reinforces our commitment to developing the industry in a unified way. Read more about it here.
BTC Now on Supercharger
Bitcoin (BTC) is now live on Supercharger with a USD 250,000 allocation! Users can deposit CRO in the Supercharger pool to earn BTC as rewards from now until 29 December. Sign up here.
Crypto.com App Updates:
New Listing on the App
We listed iExec RLC (RLC) in the Crypto.com App, in addition to a growing list of 80+ cryptocurrencies and stablecoins! Buy crypto at true cost now.
DOT Deposits and Withdrawals Enabled
Polkadot (DOT) deposits and withdrawals are now supported in the App.
Uniswap (UNI) and Polkadot (DOT) Now Available for Crypto Earn
Users can now earn up to 3% p.a. on their deposits in Crypto Earn, paid in UNI and DOT. Crypto.com Private users can earn up to 5% p.a. View details here.
New DeFi Tokens Added to Recurring Buy
Recurring Buy now supports yearn.finance (YFI), Aave (AAVE), and Uniswap (UNI). Users can automate their DeFi token purchases, build their position, and turn their dollars into crypto over time—starting with as little as $50 USD. More details here.
CAD Bank Transfers and USD Wire Transfers Now Available
The Crypto.com App now supports CAD bank transfers and USD domestic wire transfers. Users can deposit CAD into their Fiat Wallet from their bank account, and withdraw CAD back to their bank account via eTransfer. They can also deposit a larger amount of USD into their Fiat Wallet using bank wire transfers.
New Languages for App and Exchange
Merhaba! Dzień dobry! Halo! The Crypto.com App and Crypto.com Exchange are now available in Turkish, Polish, and Bahasa Indonesia! We have several more languages in the pipeline that we can’t wait to share.
DeFi Updates:
Introducing DeFi Dashboard
Users can now get live metrics to help them decrypt the DeFi space and choose the right DeFi products. See how the DeFi Dashboard works here.
New DeFi Wallet Features: Multi-Wallets and Ethereum Testnet Support
Users can now have more than one wallet and change their wallet networks from Mainnet to Ethereum Testnets in the Crypto.com DeFi Wallet App. Learn more here.
New Tokens on DeFi Swap
Curve DAO Token (CRV) and TrueFi (TRU) are now available on DeFi Swap. Liquidity Providers can enjoy swap-fee sharing and boost their yield by up to 20K when staking CRO.
New DeFi Swap Yield Multiplier
We adopted the new approach to calculating the CRO DeFi Yield Multiplier for users with multiple CRO stakes in DeFi Swap Boost based on feedback we received from the community. See the updated multipliers here.
DeFi Swap Integrated on 1inch Pathfinder and ParaSwap
Users can now swap and farm CRO on 1inch Exchange and ParaSwap with DeFi Swap!
Crypto.com Exchange Updates:
New Listings on the Exchange
We listed Polkadot (DOT), Ren (REN), and Ontology (ONT)! Trade them in USDT and CRO pairs now.
BTC/USDC Trading Pair Now Available on the Exchange
BTC/USDC trading pair is now available on the Exchange. Trade BTC in CRO, ETH, XRP, EOS, XLM, LINK, and many other pairs today.
Crypto.com Pay Updates:
WalletConnect and MetaMask Now Integrated with Crypto.com Pay
Crypto.com Pay users and merchants can now pay and accept CRO payments via MetaMask and WalletConnect, in addition to other ERC-20 wallets. Learn more about it here.
Crypto.com Pay Now Integrated with Cointracking.info and Premiumize.me
Customers can now pay for services using our native CRO token, along with BTC, LTC, ETH, and XRP with CoinTracking and Premiumize.me.
Crypto.com Card Updates:
Europe Card Programme Migration Completed
We successfully migrated our Europe card programme to PayrNet on 18 November. All cards are operational now. Reserve yours here.
Community Updates:
Keynote at Paris Blockchain Week Virtual Summit
Join us at the Paris Blockchain Week Virtual Summit (@PBWSummit) for our COO Eric Anziani’s ‘CeFi vs DeFi’ keynote at 10:40am CET on 10 December (5:40pm HKT). Get your pass here.
AMA with Bancor
We hosted a live AMA with Bancor Head of Growth Nathaniel Hindman on 3 November to discuss and answer viewers’ questions about the project. Missed it? Watch the AMA here.
AMA with Ledger
We hosted a live AMA with Ledger CTO Charles Guillemet on 6 November to talk about crypto security with our CISO, Jason Lau. Missed it? Watch the AMA here.
‘Digital currencies’ at IFW 2020 Online
Our Europe General Manager Mariana Gospodinova joined the ‘Digital currencies’ panel at Istanbul Fintech Week 2020 Online on 10 November to discuss how central banks could adopt digital currencies.
AMA with iExec
We hosted a live AMA with iExec Asset Manager Victor Bonhomme on 12 November to discuss and answer viewers’ questions about the project. Missed it? Watch the AMA here.
‘The DeFi Debate’ at FMVS 2020
Our UK General Manager Teana Baker-Taylor joined the ‘The DeFi Debate’ panel at the Finance Magnates Virtual Summit on 18 November to discuss the past, present, and future of DeFi.
Crypto.com Won ‘The Best Crypto Wallet’ at the Finance Magnates Awards
We’re thrilled to have won ‘The Best Crypto Wallet’ at the Finance Magnates Awards. Thank you for your support! Read about it here.
Collateral Onboarding with MakerDAO
Our proposal for Collateral Onboarding with MakerDAO was Greenlit, extending the utility of CRO. A big thank you to everyone who voted in favour of our proposal! View details here.
Stratis (STRAT) Token Swap to STRAX
We supported the Stratis (STRAT) Token Swap to STRAX on 12 November, as the STRAT blockchain was replaced by the new STRAX blockchain.
Bitcoin Cash Network Upgrade
We supported the BCH network upgrade on 15 November.
Events of the Month:
Crypto.com Celebrated Black Friday
We celebrated Black Friday with 3 promotions for users, including 4X Pay Rewards on Gift Cards all weekend, daily Flash Deals with up to 6X Pay Rewards on selected Gift Cards, and exclusive promotions when users shop with Crypto.com Pay. View details here.
Polkadot (DOT) Listed on Supercharger
DOT was listed on Supercharger for users to farm. View details of the event here.
Polkadot (DOT) Listed on The Syndicate
DOT was listed on The Syndicate at 50% off, and the event was a success: 37.6 times oversubscribed, 57.1K DOT allocated, 66.5M CRO contributed by 2,093 users with 138.41% APY.
REN Listed on The Syndicate
REN was listed on The Syndicate at 50% off, and the event was a success: 40.9 times oversubscribed, 629.3K REN allocated, 70.2M CRO contributed by 2,139 users with 127.23% APY.
RLC Exclusive Campaign
We launched an exclusive campaign for users who trade RLC in the Crypto.com App, with a total prize pool of USD 28,500 in RLC Tokens. More details here.
Supercharger Giveaway Winner Announcement
Congratulations to the 20 winners of our Supercharger BTC Giveaway! View the winner list here. Stay tuned for more giveaways.
News and Reviews:
Articles
- Altcoin Buzz
MakerDAO To Onboard Crypto.com (CRO) as a Collateral Asset
Crypto.com to List Polkadot (DOT) at 50% Off
Crypto.com Awarded ‘Adaptive (Tier 4)’ Rating
Crypto.com DeFi Wallet Introduces Brand New Features
Crypto.com Visa Cards Now Available in Canada
Crypto.com Obtains Two New Licenses in Malta
- Blockonomi
Crypto.com Announces PayID Integration for Human-readable Cryptocurrency Wallets
- BTC Manager
Crypto.com Bags Major Regulatory Approvals from Malta’s Financial Regulators
- CoinTelegraph
Former Visa exec joins Crypto.com to drive Latin American market
Crypto.com secures regulatory approvals from Maltese authorities
- CoinDesk
Crypto.com: We Got the Highest Ratings on Privacy, Security Based on US Standards
Crypto.com Takes Steps Toward Financial Licensure in Malta
- Crypto Briefing
Crypto.com Receives Highest Privacy, Security Rating From NIST Frameworks
Traditional Finance Watching Rise of DeFi Closely, Crypto.com and BCG Study Finds
Crypto.com Now Allows Customers to Pay Tax Fees in Bitcoin
Crypto.com Brings Popular Visa Card to Canada
Crypto.com Joins Crypto Association Heading Travel Rule Discussions
Crypto.com Hires Former Visa Executive to Lead Latin American Expansion
- Crowdfund Insider
Hong Kong Crypto Platform Crypto.com Releases Polish Version of Mobile App & Exchange
Crypto.com Releases Turkish Version of Mobile App & Exchange
Crypto.com: Latest Research Reveals DeFi Is Now Being Taken Seriously By Traditional Finance
- Crypto Potato
Crypto.com Launches Visa Cards for Canadians
- Crypto Slate
Crypto.com unveils 5% rewards on Uniswap and Polkadot staking
- Finance Magnates
Crypto.com OnBoards Filomena Ruffa as GM of Latin America
Crypto.com Accelerates Global Influence by Becoming a Member of the IDAXA
Crypto.com Announces Visa Card for Canadians
- Finextra
Crypto.com releases Turkish language app and exchange
- iHODL
Crypto.com Names Filomena Ruffa as General Manager of Latin America
- iNVERZZ
Crypto.com announces the Polkadot (DOT) listing event
- Nasdaq
Crypto.com: We Got the Highest Ratings on Privacy, Security Based on US Standards
- Tunf.com News
Crypto.com Secures Regulatory Approvals from Malta Authorities
Reviews
- Crypto News
