Crypto Exchange Currency.com Joins the Chamber of Digital Commerce to Foster Global Digital Assets Adoption

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Crypto Regulation
Crypto Exchange Currency.com Joins the Chamber of Digital Commerce to Foster Global Digital Assets Adoption

Leading global cryptocurrency exchange Currency.com today announced it had joined the Chamber of Digital Commerce, the world’s pioneering trade association representing the digital asset and blockchain industry.

Currency.com Joins the Chamber of Digital Commerce

Currency.com’s partnership with the Chamber of Digital Commerce is geared toward Currency.com promoting the adoption of digital assets via close collaboration with key policymakers and regulators to create a conducive environment for the growth of digital assets and blockchain companies.

Commenting on the development, Steve Gregory, CEO of Currency.com US, said:

“At Currency.com, we are committed to ensuring a safe and transparent environment for our clients to buy, store and invest in cryptocurrencies. As cryptocurrencies and digital assets grow more mainstream and become increasingly available to both institutions and the retail community, it is important that we work closely with global regulators to help  build trust and acceptance of this burgeoning asset class.  We are honoured to be part of the Chamber of Digital Commerce and to do our bit to build a strong and reputable environment for cryptocurrencies.”

He added that as a member of the Chamber of Digital Commerce, Currency.com will share best practices and help in fostering both new and existing regulations for digital assets and cryptocurrencies.

Currency.com will work in tandem with the other members of the trade association to develop solutions for some of the most pressing challenges facing the digital assets industry today such as the need to create strong, operational, governance, and risk practices.

Echoing Gregory’s sentiments was Perianne Boring, Founder & President of the Chamber of Digital Commerce.

Boring said:

“We are delighted to welcome Currency.com to the Chamber of Digital Commerce and our community of innovators whose efforts highlight the benefits for investors in digital tokens and the blockchain technology.”

Adding:

“The company’s impressive growth highlights the adoption and demand in the digital asset marketplace, and the Chamber looks forward to Currency.com joining our ranks and engaging with policymakers to develop a regulatory framework that engenders clarity and certainty for the widespread adoption of digital assets.”

The Chamber of Digital Commerce will leverage its partnership with member organizations to educate, advocate, and work closely with policymakers, regulators, and the wider digital assets industry. The long-term goal of the leading digital assets trade association is to build a more inclusive business environment that incentivizes innovation and investment in blockchain technology.

About Currency.com

Currency.com is a high-growth, crypto platform seamlessly linking the booming world of cryptocurrencies with the world of traditional financial assets. The platform is powered by simple, slick, and intuitive technology to empower investors to securely buy, trade, and invest in popular cryptocurrencies using both crypto and fiat currencies.

To help investors trade with confidence, the crypto platform is fitted with robust risk management controls, transparent pricing and extensive financial education content.

In 2020, the crypto platform reported a 374 percent growth in its client base, making it one of Europe’s fastest growing cryptocurrency exchanges platforms. Venture Capitalist Viktor Prokopenya was an early investor in the company through his fund VP Capital.

Currency Com US LLC is registered with FinCEN as a Money Services Business. Its parent entity, Currency Com Limited, is authorised by the Gibraltar Financial Services Commission to provide Distributed Ledger Technology services under licence number 25032. Currency.com has offices located in Cyprus, US, Gibraltar, The Netherlands, Ukraine and Singapore.

To find out more, visit www.currency.com.

About the Chamber of Digital Commerce

The Chamber of Digital Commerce is a world-leading trade association whose mission is to promote the acceptance and use of digital assets and blockchain-based technologies.

The association educates, advocates, and works closely with policymakers and regulators to accelerate blockchain innovation and adoption. It has issued a national action plan for blockchain in the US, while also engaging with law enforcement at a state and federal level to ensure compliance with anti–money-laundering legislation.

The Chamber is also educating and providing solutions for regulatory clarity of digital tokens, as well as issuing tax guidance for digital assets. One of its key policy aims is to promote the use of blockchain in business and to work closely with innovators to expand the growth of blockchain technology.

To find out more, visit www.digitalchamber.org.

Aisshwarya Tiwari

Aisshwarya is currently working as the Chief Editor at crypto.news and holds more than 4 years of experience in the digital assets industry. He holds an undergraduate degree in Commerce with Honours and a post-graduate diploma in Liberal Studies. Before entering the crypto industry, Aisshwarya worked as an SAP Consultant for a global IT firm. He also cleared the CFA Level 1 exam before pivoting to the crypto industry due to its novel and exciting propositions.