YouHodler obtains regulatory approval to operate in Italy
Milan, Italy, Aug. 02, 2022 (GLOBE NEWSWIRE) — European financial intermediary and FinTech platform YouHodler has strengthened its European footprint by obtaining registration and regulatory approval in Italy. Currently, the company has offices in Switzerland and Cyprus and serves various countries in Europe and around the world. From now on, it will once again expand its physical presence in Italy.
Since July 29, 2022, YouHodler has been officially registered and approved by the Organismo Agenti e Mediatori (OAM) in Italy as a cryptocurrency service provider. This registration allows YouHodler to offer its wide range of crypto services to Italian customers in accordance with local regulations.
In a statement, YouHodler legal counsel Julian Grech said, “We are extremely pleased with this recording. This is a new step in YouHodler’s strategy to expand its presence in Europe. Further local licenses and registrations are expected shortly.
Following the announcement, YouHodler says it will take steps to create physical office space in Milan and recruit local teammates. This new structure will align with all local operations in accordance with Italian regulations.
Grech added that “we are delighted to continue to serve our loyal, long-standing Italian customers in a new and exciting way. This latest announcement means we can take them to an even higher level, opening new gateways to creative and innovative financial possibilities. »
Interested parties can check the registration of YouHodler in Italy here.
YouHodler FinTech platform focuses on crypto lending with fiat (USD, EUR, CHF, GBP), crypto (BTC) and stablecoin (USDT, USDC, TUSD, PAX, PAXG, DAI, HUSD), crypto/fiat and crypto/crypto conversions, as well as high yield generation products (crypto-rewards & staking). The platform supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP and other popular cryptocurrencies and tokens. User’s digital assets are securely protected with advanced security options from Ledger Vault and Fireblocks.
YouHodler is an EU and Swiss based brand with three main offices in Cyprus, Switzerland and Italy. To learn more about YouHodler, visit youhodler.com.