Komainu Gains UK Regulatory Approval

Komainu Gains UK Regulatory Approval



CoinShares in collaboration with a cryptocurrency storage firm has recently obtained approval in the United Kingdom.



On October 6th it was announced that the company is now eligible to register as a wallet provider under the UKs regulations pertaining to Money Laundering, Terrorist Financing and Transfer of Funds.



This development allows Komainu to offer its cryptocurrency storage services through its Komainu Connect platform. The platform, which was introduced in April 2023 provides a solution for institutional staking and asset management without the need for collateral with trade partners. This further enhances the safety of assets.



In addition to expanding its services to institutions in Italy after being listed in the directory of its European branch Komainu has also increased its presence in Singapore. Prior to obtaining


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#Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Komainu, #News, #Regulations, #UK

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