KeyRock has received Swiss regulatory clearance from a government-approved standards body, according to a Tuesday statement by the company.
The market maker, based in Belgium, joins the likes of crypto firm Bitcoin Suisse and custodian BitGo in registering with VQF, a financial standards organization approved by Swiss regulators to monitor compliance with anti-money laundering standards. “Securing the VQF membership reinforces Keyrock’s stance on upholding rigorous regulatory standards within the crypto space,” KeyRock Chief Executive Officer Kevin de Patoul said in a statement. “Our focus remains steadfast on ensuring both compliance and trust in our services.”
Earlier this year, de Patoul announced he was moving to Geneva, but added that the company would remain based in