According to Odaily, Crydit has received crucial regulatory approval, obtaining licenses as a Virtual Asset Service Provider (VASP) and a Money Service Operator (MSO). These licenses indicate that Crydit has met stringent compliance standards and can provide legal and secure virtual asset services in key markets, ensuring compliance from the cryptocurrency end to the fiat payment end.
In addition to this, Crydit has launched its first product, the Crydit Unlimited Crypto Card. Applications for this card are now open on various platforms, including the official website and app. This development marks a significant step for Crydit in expanding its services and establishing itself as a trusted provider in the cryptocurrency market.