Zondacrypto a cryptocurrency exchange secures its seventh license approved by CySEC

Beijing News reports:
The Cyprus Securities and Exchange Commission (CySEC) has authorized the cryptocurrency exchange Zondacrypto, marking the company’s seventh regulatory license. With over 1.3 million active users, the company welcomes regulatory measures as part of its efforts to provide a secure digital asset trading platform.
Preparing for MiCA Regulation
Regarding the approval, CEO Przemyslaw Kral stated on LinkedIn, “We are pleased to announce that Zondacrypto has obtained its seventh license, this time from CySEC. This milestone further solidifies our mission to provide a secure, transparent, and fully compliant trading environment for our 1.3 million active users.”
“As we prepare for the upcoming MiCA regulation in the European Union, this new license reinforces our commitment to maintaining the highest security and compliance standards in the cryptocurrency field. We attach great importance to this commitment.”
The company cited the upcoming Markets in Crypto-assets (MiCA) regulation in the European Union, which aims to provide a more unified legal framework for digital assets.
Last year, Zondacrypto obtained an over-the-counter trading license in Switzerland. The approval allows the exchange to offer cryptocurrency exchange services, including fiat-to-crypto and crypto-to-crypto conversions.
CySEC License
As the cryptocurrency industry continues to evolve, Zondacrypto is setting higher standards for compliance, signaling to users and regulatory agencies that security and transparency remain at the core of its mission.
This year, Zondacrypto expanded its influence through a sports sponsorship agreement. In August, the exchange partnered with Atlanta BC, becoming a behind-the-scenes sponsor for the club. As part of the agreement, Zondacrypto will also be recognized as the official cryptocurrency exchange partner. According to reports, the partnership will commence from the 2024/25 season and last for three seasons.
In addition, Zondacrypto announced another sports sponsorship with one of Italy’s renowned football clubs, Juventus Football Club. According to a report by Finance Magnates, this partnership marks a step towards Zondacrypto’s expansion into the Italian market.