Cronos Ecosystem Coins: Malta-Based Companies Authorized as Crypto-Asset Service Providers
The Cronos Ecosystem has various coins that are part of its ecosystem. Foris DAX MT Limited, a company registered in Malta, is authorized by the Malta Financial Services Authority as a Crypto-Asset Service Provider. This authorization allows them to provide services such as exchange of crypto-assets for funds and transfer services for crypto-assets on behalf of clients.
The Cash Account is provided by Foris MT Limited, which is also authorized by the Malta Financial Services Authority. They are licensed to issue electronic money under the 3rd Schedule to the Financial Institutions Act (Electronic Money Institutions).