According to official news, Crydit has passed important regulatory approvals and obtained a virtual asset service provider (VASP) license and a money service operator (MSO) license. VASP and MSO licenses indicate that Crydit has met strict compliance standards and can provide legal and secure virtual asset services in key markets, ensuring full compliance from the cryptocurrency end to the fiat currency payment end.
Currently, Crydit's first product, Crydit Unlimited Crypto Card, has been opened for application on multiple terminals such as the official website and APP.