Crypto Platform Says It Launches Two Products to Challenge Banks and Empower Customers
Connor Blenkinsop's original article for cointelegraph.com reduced by 43%
A "Next-generation" mobile payment platform has unveiled two products that are designed to help users smartly manage money matters and enjoy "Greater financial empowerment." Crypto.com's first new offering, Crypto Earn, gives the public "The freedom to grow their assets." Available through the platform's flagship app, the service allows users to deposit virtual currencies and accrue incentives, the company said. The Hong Kong-headquartered company, which was founded in 2016, has also launched a second product called Crypto Credit. Crypto.com is available hereKris Marszalek, the company's co-founder and CEO, said: "MCO Visa Card, Crypto Earn, and Crypto Credit together form a powerful product suite that nobody else in the industry has today.
We've never been more excited about the potential of our platform and look forward to continue scaling it globally later this year." Crypto Earn and Crypto Credit are available to users who have already been approved to use the Crypto.com Wallet and Card app - with the exception of residents in Singapore, Switzerland, Malta, the United States and Hong Kong. When the new cashback features were unveiled back in March, Crypto.com's CEO said the company had received "Hugely positive feedback" from customers in Singapore, with the platform setting its sights on shipping its cards to customers in Europe, the U.S. and other markets.
Earlier in May, Crypto.com announced that it had officially received an ISO/IEC 27001:2013 certification following "Rigorous third-party security audits." The platform claimed it is "The first cryptocurrency wallet application to achieve this coveted accreditation," and its chief information security officer claimed in a blog post that "The certification demonstrates that cybersecurity and privacy are embedded into Crypto.com's DNA.".
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Summarised crypto news.