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Banco de Crédito del Perú Launches Criptococos, Peru’s First Regulated Crypto Platform

Authorized by the Superintendency of Banking, Insurance and AFP, the platform is supported by BitGo and offers secure digital asset purchasing and management.

Summary

Banco de Crédito del Perú (BCP) has introduced Criptococos, the nation’s first regulated crypto financial platform. The launch, part of a pilot approved by the Superintendency of Banking, Insurance and AFP (SBS), is backed by BitGo’s security infrastructure. Criptococos will allow users in Peru to securely purchase and manage digital assets, marking a milestone in the country’s regulated cryptocurrency adoption.

Terms & Concepts
  • Regulated Crypto Platform: A cryptocurrency service that operates under formal approval and oversight of a financial regulatory authority.
  • BitGo: A digital asset custody company providing secure storage and transaction services for cryptocurrencies.
  • Superintendency of Banking, Insurance and AFP (SBS): Peru’s financial regulatory authority overseeing banks, insurance companies, and private pension funds.