Today, the company Collect&Exchange CY has successfully passed the CySEC certification procedure and was licensed as a Crypto Asset Services Provider (CASP). This 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, including MiCA, FATF, OFAC, and AMLD. The possession of a CySEC license confirms the highest reliability of Collect&Exchange CY and guarantees transparency and security of its activities for clients.
Services Offered by Collect&Exchange CY
Collect&Exchange CY is becoming an integral part of the modern financial landscape of Cyprus and will strive to offer clients flexible and convenient services, including:
- •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.
Company Statement on Milestone Achievement
“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.”
Understanding the CySEC Regulator
The Cyprus Securities and Exchange Commission (CySEC) acts as the 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 the European Securities and Markets Authority (ESMA) and operates in accordance with EU rules, directives, and other requirements.
About Collect&Exchange CY
Collect&Exchange CY is a young company that was formed in early 2024. Despite its recent establishment, it has gathered many veterans of the fintech industry. It is now a licensed organization that provides proven, reliable solutions for digital and fiat currencies for legal entities and individuals. A high level of security and ensuring customer privacy are key objectives of the company.
Media Contact
Collect & Exchange CY Ltd
contact@collectnexchange.cy