Keyrock Receives Regulatory Approval from Swiss Financial Services Standards Association
Keyrock, a crypto firm based in Brussels, has obtained regulatory approval from the Swiss Financial Services Standards Association (VQF). This approval allows Keyrock to expand its fiat on/off-ramp services through its over-the-counter trading desk. The company’s membership with the VQF demonstrates its commitment to adhering to Swiss Anti-Money Laundering Act regulations.
Dedicated to Regulatory Compliance
In order to secure its membership with the VQF, Keyrock underwent a thorough review of its internal controls, processes, and procedures. The CEO of Keyrock, Kevin de Patoul, emphasized the company’s dedication to upholding rigorous regulatory standards within the crypto space. The General Counsel for Keyrock, Reza Ghadiri-Zare, highlighted the milestone as confirmation of their commitment to compliance requirements across different jurisdictions.
OTC Desk Expands Fiat On/Off-Ramp Services
With regulatory approval from Switzerland, Keyrock now operates in more than 80 exchanges across 400 markets. To support its growth, the company’s over-the-counter desk has expanded its fiat on/off-ramp services to include additional currencies such as GBP and AUD alongside USD and EURO. Keyrock aims to maintain its position within the Web3 space by delivering fast settlements around the clock. The CEO of Keyrock emphasized their commitment to offering diverse currency options and their goal of global excellence.
Hot Take: Keyrock Expands Fiat On/Off-Ramp Services Through Regulatory Approval
Keyrock’s regulatory approval from the Swiss Financial Services Standards Association allows them to enhance their fiat on/off-ramp services through their over-the-counter trading desk. This milestone demonstrates their commitment to compliance and trust in their services. With expanded operations and support for additional currencies, Keyrock aims to maintain its position within the crypto market and continue delivering fast settlements. Their dedication to regulatory compliance and innovation propels them towards their goal of global excellence in the digital financial space.
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