Cryptocurrency storage service Copper announced that its Swiss unit has received regulatory approval to operate in the country from the Financial Services Standards Association (VQF).
The VQF is a self-regulatory organization recognized by FINMA, the main Swiss regulatory body.
“As Copper expands globally, being licensed by the VQF underscores our commitment to working with regulators around the world and the standards set in multiple jurisdictions. We are doing this to become the world’s leading provider of digital asset storage and infrastructure services,” said Copper General Counsel Carly Nuzbach Lowry.