How YouHodler Gets Regulatory Approval to Operate in Italy

YouHodler is a FinTech platform that focused on crypto-backed lending with fiat (USD, EUR, CHF, GBP), crypto (BTC) and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG, DAI, HUSD), crypto/fiat and crypto/crypto conversions, as well as high-yield crypto-saving accounts (crypto-rewards & staking). The platform supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP and other popular cryptocurrencies and tokens. User’s digital assets are safely guarded with Ledger Vault’s advanced custody and Fireblocks security options.

YouHodler is an EU and Swiss-based brand who are also an active member of the Blockchain Association Financial Commission. YouHodler SA is an active member of the Blockchain Association of Financial Commission and the Crypto Valley Association.

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How YouHodler Gets Regulatory Approval to Operate in Italy

YouHodler strengthened its presence in Europe by registering and receiving regulatory permission in Italy. The organization currently operates offices in Switzerland and Cyprus and provides services to several nations in Europe and beyond. It will now increase its physical presence in Italy once more.

YouHodler has been recognized as a legitimate cryptocurrency service provider by the Organismo Agenti e Mediatori (OAM) in Italy as of July 29th, 2022. This registration enables YouHodler to provide its extensive crypto services to Italian customers in accordance with national laws.

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YouHodler’s legal representative Julian Grech said in a statement

“we are extremely happy with this registration. It is yet another step in YouHodler’s strategy to extend its presence within Europe. More local licenses and registrations are expected shortly.”

Following the announcement, YouHodler states it will initiate steps towards setting up a physical office space in Milan and recruiting local teammates. This new structure will align with all local operations in accordance with Italian regulations.

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Grech added that

“we’re pleased to continue servicing our long-time, loyal Italian clients in new and exciting ways. This latest announcement means we can take them to an even higher level, opening new gateways to creative and innovative financial possibilities.”

Interested parties can verify YouHodler’s Italy registration here.

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