Introduction

In the realm of cryptocurrency exchanges, navigating the regulatory landscape while ensuring seamless user experiences is no small feat. Wanda Exchange, established in early 2021, has set itself apart through its commitment to innovation and compliance. As of 2023, Wanda Exchange has undergone significant restructuring and expansion, particularly with the establishment of its European subsidiary, Wanda Exchange LT, which operates under full compliance with EU laws.

About Wanda Exchange

Wanda Exchange stands out as the world's premier fully licensed and regulated crypto-to-cash exchange. Initially launching in Poland with ambitious plans for European and global expansion, Wanda Exchange operates within a framework of strategic partnerships with merchants and banks across Europe.

Wanda’s Regulated Crypto Cash Solutions

The core mission of Wanda Exchange is to provide a seamless gateway for businesses and FIAT users to enter and exit the crypto economy. Through a comprehensive suite of services, Wanda Exchange not only enables merchants to accept cryptocurrency payments but also provides extensive business opportunities and technical support.

In practical terms, Wanda Exchange facilitates easy entry into the crypto economy for businesses and FIAT users through a sophisticated voucher system, allowing retail customers to purchase digital assets directly with cash. Similarly, users can convert digital assets back into cash effortlessly.

Wanda’s Partnerships - Commitment to Compliance

Wanda Exchange's commitment to regulatory compliance is evident through its strategic partnerships. These partnerships include collaboration with "Copper Co" for custodial solutions, "Clear Junction Bank" for FIAT transfers, "Sumsub" for AML/KYC compliance, and "In2retail" for ATM services.

2023 Summary - Major Developments

The year 2023 was pivotal for Wanda Exchange amidst significant regulatory changes triggered by events like the FTX crash and the Russia-Ukraine conflict. These developments necessitated careful navigation of evolving regulations, resulting in delays in the exchange's launch. However, the team utilized this time to obtain licenses, approvals, and fortify technical infrastructure, ensuring full compliance upon launch.

Upcoming Plans & Roadmap Ahead

With Wanda Exchange LT obtaining all necessary licenses and approvals by January 12, 2024, the exchange is poised for launch in the coming weeks. This launch marks the initial phase of Wanda's vision to establish a globally efficient crypto-to-cash exchange. Subsequent months will witness further partnerships and expansion into new territories.

In 2024, Wanda Exchange aims to expand its network of merchants and integrate "Wanda Cash Out" as a withdrawal option on partner centralized exchanges, enhancing user convenience.

For more information, please contact:

Mr. Diego Hert
Chief Marketing Officer
Wanda Exchange
Email: diego@wanda.exchange
Phone: +66. 38111801

Wanda Exchange is not just a pioneer in legal crypto to cash in europe but also a testament to the possibilities of innovation within regulatory frameworks. As the crypto landscape evolves, Wanda Exchange remains at the forefront, bridging the gap between traditional finance and the burgeoning crypto economy.