Crypto
CoinZoom receives cryptocurrency trading license from Bermuda
CoinZoom, a cryptocurrency trade, has introduced its Bermuda-based subsidiary, CoinZoom International Ltd., has obtained a license underneath the Digital Asset Enterprise Act from the Bermuda Financial Authority.
With this license, the trade will be capable to act as buying and selling platform for non-U.S. clients eager to commerce digital property, in accordance with a press launch.
CoinZoom will function within the nation as a digital asset trade and can supply pockets companies and margin buying and selling.
“Our prime precedence is to make sure the protection of our clients’ funds and private data. We’re offering a trusted avenue for each our U.S. and Worldwide clients to put money into digital property, and the Bermuda license permits us to develop our buyer attain whereas remaining absolutely compliant,” Todd Crosland, CEO, CoinZoom, mentioned within the launch. “With the ability to work with forward-thinking regulators like BMA is a really constructive signal for the way forward for cryptocurrencies worldwide.”