London, England, twenty fifth Could, 2021,
European crypto platform grows new consumer base by 250% in Q1; appoints Steve Gregory as its New York-based chief government officer to assist develop the enterprise within the US and Canada.
Foreign money.com, the high-growth European crypto platform, at present reported a powerful rise in consumer numbers and buying and selling exercise for the primary three months ending 31 March 2021. The variety of new shoppers that registered on crypto platform Foreign money.com elevated by 250% in Q1 2021 in comparison with This fall 2020. Over the identical interval, the crypto platform reported a surge in buying and selling exercise, with the full variety of trades executed on Foreign money.com rising 134% quarter-on-quarter. The highest 5 most traded cryptocurrency markets on the platform in Q1 2021 included Bitcoin, Ripple, Ethereum, Dogecoin and Litecoin.
The stellar development affirms the corporate’s dedication to scale its staff, develop into new markets and proceed creating services to higher serve its shoppers.
To speed up development within the US and Canada, Foreign money.com has welcomed Steve Gregory to its senior management staff. Steve, who is predicated in New York, joins the corporate as Chief Government Officer of Foreign money Com US LLC, the US subsidiary of Foreign money.com.
Steve joins Foreign money Com US LLC with a powerful monitor file in constructing extremely regulated companies within the digital asset and cryptocurrency area. Most lately, Steve served as Chief Compliance Officer and Company Counsel on the world spot market alternate, CEX.io. He additionally labored on the digital foreign money alternate and custodian, Gemini Belief Firm, the place he was a part of the unique staff chargeable for rising Gemini into a number one cryptocurrency alternate within the US. Steve’s new position will contain creating and managing Foreign money.com’s development technique within the US with a deal with making certain sound authorized and regulatory compliance all through.
Vitalii Kedyk, Head of Technique at Foreign money.com commented;
“Sturdy development in latest months has accelerated our growth plans , encouraging us to bolster our varied nation groups. Steve’s information and expertise within the world and US cryptocurrency area mixed together with his phenomenal eye for authorized oversight makes him a fantastic match for us. As an organization, it’s our intention to develop our regulatory footprint and allow our shoppers to purchase, commerce and put money into cryptocurrencies with ease and safety. Steve has a wealth of expertise within the business, and his appointment will assist to make sure we proceed to fulfill our development ambitions for 2021 and past.”
Steve Gregory, commented;
“I’m very excited to affix the staff right here at Foreign money.com, particularly throughout this era of continued development and growth. Because the cryptocurrency area grows in recognition , it’s crucial that we proceed to uphold the best regulatory and compliance requirements to assist extra folks make investments with confidence. I’m wanting ahead to contributing to the long-term success of the enterprise.”
About Foreign money.com
Foreign money.com is a high-growth, crypto platform seamlessly linking the booming world of cryptocurrencies with the world of conventional monetary property. The platform is powered by easy, slick and intuitive know-how to empower buyers to securely purchase, commerce and put money into well-liked cryptocurrencies utilizing each crypto and fiat currencies.
In markets the place it’s permissible to take action, the crypto platform moreover allows buyers to commerce tokenised equities, indices and commodities , thereby permitting extra buyers to diversify their digital property past cryptocurrencies. To assist buyers commerce with confidence, the crypto platform is fitted with sturdy danger administration controls , clear pricing and intensive monetary training content material.
In 2020, the crypto platform reported a 374 per cent development in its consumer base, making it one in every of Europe’s quickest rising cryptocurrency exchanges platforms. Enterprise Capitalist Viktor Prokopenya was an early investor within the firm by way of his fund VP Capital.
Foreign money Com Restricted is authorised by the Gibraltar Monetary Companies Fee to offer Distributed Ledger Expertise providers beneath licence quantity 25032. Foreign money Com Bel LLC is registered as a Belarus Excessive Tech Park resident authorised to hold out actions utilizing tokens. The corporate has places of work situated within the UK, Cyprus, Belarus, US, Gibraltar and Ukraine.
To search out out extra, go to www.foreign money.com