Skip to content
Heads up: The CLARITY Act is not law. Statuses are rules-based estimates from public evidence, not legal or financial advice.
← All exchanges

Is Crypto.com safe?

Foris DAX, Inc. (US) · Last updated Oct 19, 2026
73/100Moderate signals

At a glance

73/100 · Moderate signals
  • ClarityCheck score73/100 · Moderate signals
  • US availabilityUS: some states restricted
  • NY BitLicense / trust charterNot found
  • Proof of reservesOlder than 12 months
In short

Broad US availability (not NY), CFTC derivatives licences; proof of reserves not updated since 2022. The Crypto.com App is unavailable in New York and available in the other 49 states, DC and US territories, per its help centre.

Score breakdown

  • US money-transmission licensing25/25
    FinCEN MSB registration (5) + state licence coverage: broad (20)
  • Higher-tier US oversight10/20
    NYDFS BitLicense/trust charter no (0); CFTC-registered affiliate yes (5); SEC-registered broker-dealer or SEC-reporting parent yes (5)
  • Reserves & financial transparency3/20
    Audited financials filed with the SEC no (0); proof of reserves older than 12 months (3)
  • Enforcement record (last 5 years)25/25
    Starts at 25. Criminal plea: none found (0); regulatory penalties ≥ $1M: 0 (−5 each, max −15). Dismissed or closed cases don't deduct.
  • Security incidents (last 3 years)10/10
    Starts at 10. Theft of ≥ $100M: none found; disclosed customer-data breach: none found

How the score works →

Custody

Crypto.com says it holds a non-depository trust company charter in the US. We didn't verify which entity holds US customer assets.

Registrations & licences

3 facts
  1. Official sourceOct 19, 2026 · FinCEN

    Foris DAX, Inc. (dba Crypto.com) appears in FinCEN's MSB registrant list (received 04/30/2026).

    FinCEN MSB Registrant Search (full registrant export) ↗
  2. Company / third-partyOct 19, 2026 · Crypto.com

    Crypto.com lists for the US: broker-dealer registration, DCO and DCM licences, MSB registration, money transmitter licences, a non-depository trust company charter, and a national trust bank charter (conditional approval).

    Crypto.com: Licenses and Registration ↗
  3. Company / third-partySep 30, 2025 · Crypto.com

    Crypto.com | Derivatives North America (CDNA) is CFTC-registered as a DCM and DCO. Affiliate Foris DAX Markets LLC is NFA-registered as an FCM (Sept 2025).

    Crypto.com: full stack of CFTC derivatives licenses ↗

Availability

1 fact
  1. Company / third-partyOct 19, 2026 · Crypto.com

    App unavailable in New York.

    Crypto.com Help: In which US states is the App available? ↗

EU (MiCA)

1 fact
  1. Official sourceOct 19, 2026 · ESMA

    Foris DAX MT Limited (Malta) is an authorised MiCA CASP, notified 27/01/2025.

    ESMA interim MiCA register: authorised crypto-asset service providers (CASPS.csv) ↗

Enforcement & legal history

1 fact
  1. Company / third-partyMar 27, 2025 · Crypto.com

    Crypto.com says the SEC closed its investigation with no action (March 2025). We found no US federal penalty in our searches.

    Crypto.com: SEC closes investigation ↗

Reserves & transparency

1 fact
  1. Company / third-partyDec 7, 2022 · Crypto.com

    Proof-of-reserves page shows a Mazars verification dated Dec 7, 2022. We found nothing newer.

    Crypto.com Proof of Reserves ↗

Crypto.com questions

Is Crypto.com safe?

ClarityCheck scores Crypto.com 73/100 (Moderate signals) on public regulatory and transparency signals: Broad US availability (not NY), CFTC derivatives licences; proof of reserves not updated since 2022. This is not a solvency rating or a guarantee.

Is Crypto.com available in the US?

US: some states restricted. The Crypto.com App is unavailable in New York and available in the other 49 states, DC and US territories, per its help centre.

Is Crypto.com licensed in New York?

We didn't find Crypto.com on NYDFS's list of BitLicense or trust-charter holders (checked Oct 19, 2026).

Not legal, financial or investment advice. The CLARITY Act is not law. Facts are from the linked sources as checked on Oct 19, 2026; please tell us if anything is out of date.