The administration of market maker Keyrock reports that licensing activities in Switzerland will allow the company to strengthen its position in regulated markets and provide opportunities to expand its presence both in Europe and around the world. Keyrock is actively preparing for the entry into force of the pan-European law on regulation of crypto assets MiCA.
In Switzerland, a market maker intends to offer crypto exchange services to citizens of the country through an over-the-counter (OTC) trading desk. In addition to the traditional US dollar and euro pairs, Keyrock will offer clients about ten new exchange destinations, including pounds sterling and other fiat currencies.
Recently, the Cyprus regulator CySEC CASP added eToro to the list of regulated crypto service providers. In accordance with the rules of the new MiCA law, the decision of the Cypriot authorities is valid in all EU countries.
Source: Bits
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