Crypto.com Targets High-Net-Worth Individuals to Boost Business

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 44 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 63%

Cryptocurrency Noticias

Crypto.Com,Cryptocurrency Exchange,High-Net-Worth Individuals

Singapore-based cryptocurrency exchange Crypto.com is focusing on attracting high-net-worth and ultra-high-net-worth individuals to drive its business. The exchange is partnering with tax agencies to provide guidance on inheritance and taxes, as these clients are concerned about these issues. Crypto.com Prime, a programme targeting this segment, was launched in mid-February.

SINGAPORE – Singapore-headquartered cryptocurrency exchange Crypto.com is zooming in on the super rich to lift its business, even as it prepares for a widely expected pick-up in the crypto market.

In mid-February, it launched a programme called Crypto.com Prime, which is available in places including Singapore, the United States and Argentina. The price of Bitcoin at the time of writing was hovering at US$71,300 , higher than the US$44,200 in January and US$42,100 on Dec 31. The exchange came under criticism in March from a small group of people who complained online about their frozen accounts and cards, saying the exchange has been slow in replying, sometimes taking weeks to do so.

He added that the exchange has increased the size of its customer support teams four times over the last six months. In late June 2023, the firm announced it would set up its first global innovation lab in Singapore that looks at blockchain technology, Web3 and artificial intelligence. Web3 is the idea of a new, decentralised internet built on blockchains.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 8. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Domestic investment, wage growth: Malaysia ramps up efforts to revitalise economy after narrowly missing growth targetsIn February this year, the ringgit had dropped to levels not seen since the depths of the Asian financial crisis over a quarter of a century ago.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »