CHICAGO, Oct. 10, 2023 (GLOBE NEWSWIRE) — CEX.IO, a global ecosystem of products and services that connects curious participants to the cryptocurrency economy and decentralized finance (DeFi), was named “Best Cryptocurrency Platform in Europe” by the 2023 Digital Assets Awards. Hosted by The Digital Banker, a global news and business intelligence outlet, the program recognizes companies offering best-in-class services for retail and enterprise clients across financial sectors.
As an early innovator in the crypto space, CEX.IO achieved its status as a tenured leader by building intuitive, user-centric products aimed at promoting pathways to financial empowerment. Since 2013, the company has helped drive efforts to bridge traditional finance (TradFi) with emerging opportunities in the crypto ecosystem. This award arrives as CEX.IO is poised to celebrate a decade of providing exemplary, trusted access to the digital economy.
“It’s a true honor to receive this award among an increasingly crowded field of forward-thinking solutions,” said Oleksandr Lutskevych, Founder and CEO of CEX.IO. “In accepting this recognition, we endeavor to let its inspiration fuel the ongoing refinement of our product ecosystem. While we appreciate the accolade, to achieve global crypto adoption, we can’t risk resting on our laurels.”
Recently, the company expanded its presence in Europe by acquiring new licenses for Lithuania, and hired a dedicated MLRO for the region. This move aligns with CEX.IO’s rigorous AML/CTF approach, and signals a readiness to work with regulators to implement new guardrails following Markets in Crypto-Assets (MiCA) legislation taking effect for EU-member countries.
“As a globally registered and regulated exchange, CEX.IO has advanced global financial inclusion through the adoption of cryptocurrency and blockchain technology,” said Nirav Patel, Managing Director & Editor of The Digital Banker. “CEX.IO has been awarded these honors after stringent adjudication by The Digital Banker’s judging panel, under which the organization has successfully fulfilled the criteria for this category.”
The Digital Assets Awards gala was held virtually on October 5th, 2023, where CEX.IO’s Head of Communications, Becky Sarwate, spoke on behalf of the company.
###
ABOUT CEX.IO
CEX.IO was founded in 2013 with a mission to support global financial inclusion through the adoption of cryptocurrency and blockchain technology. As one of the most tenured market participants, CEX.IO offers a comprehensive ecosystem of intuitive solutions built with safety and security at their core, enabling users to trade, store, transfer and earn digital assets. With over six million registered users globally, CEX.IO helps retail, enterprise, and institutional customers seize opportunities in decentralized finance every day. Learn more at CEX.IO or connect with us on LinkedIn.
© 2023 | CEX.IO Ltd All rights reserved. Not to be reproduced or retransmitted without permission.
CEX.IO is a trading name of, and [digital asset platform products and services] are offered by: in the U.S., CEX.IO Corp., registered with FinCEN in jurisdictions where it is licensed to operate as a Money Service Business (MSB Activities 409 499), registered office 900 E Diehl Rd STE 110, Naperville, IL 60563; in Europe, CEX.IO Limited, registered in Gibraltar, No. 116846, registered office, Madison Building, Gibraltar GX11 1AA. CEX.IO Limited is authorised and regulated by the Gibraltar Financial Services Commission as a DLT Provider under the authorization number: FSC0686FSA; CEX OVRS LLC, registered in St. Kitts & St. Nevis, No. L 22275, registered office Suite 1, A.L. Evelyn LTD Building, Charlestown, Nevis. CEX.IO Limited and CEX OVRS LLC are subsidiaries of CEX.IO Holding Ltd.
These materials are for informational purposes only, and are not intended to be used for trading or investment purposes or as an offer to sell or the solicitation of an offer to buy any security or financial product. These materials do not provide any form of advice (investment, tax or legal). CEX.IO is not a registered investment adviser and does not provide investment advice or recommendations to buy or sell securities, to hire any investment adviser or to pursue any investment or trading strategy.
The value of digital and virtual currencies is derived from supply and demand in the global marketplace which can rise or fall independently of any fiat or government currency.
Holding digital and virtual currencies carries exchange rate and other types of risk.
Transactions in virtual currency are irrevocable, and, accordingly, losses due to fraudulent or accidental transactions may result in the loss of your money with no recourse.
Any questions regarding this document or application of any law, rule or regulation can be referred to us via email at [[email protected]].
All trademarks, service marks, and trade names not owned by CEX.IO Ltd are the property of their respective owners.
Please refer to the Terms of Use for more details.
