Wanda Exchange has long been a leader in innovation and compliance since its foundation in early 2021. Since its early days, the organization has been committed to working together with regulations to supply a smooth experience to its users.

2023 was a crucial year for Wanda as the organization had significant restructuring and product integrations to help make the business future-proof. Updating the first roadmap, Wanda Exchange started its subsidiary, Wanda Exchange LT, in Europe, which is a fully licensed, regulated entity complying with EU laws.

About Wanda Exchange

Wanda Exchange could be the world's first fully licensed and regulated crypto-to-cash, on/off-ramp exchange, initially launching in Poland with plans to expand to Europe and then the whole world. This may be facilitated through Wanda's strategic partnerships with merchants and banks throughout Europe, working under a totally regulated framework.

Wanda's Regulated Crypto Cash Solutions

The business aims to supply an easy on-ramp to the crypto economy for small businesses and FIAT users. Every one of this is done while making it easier for people who are seeking an off-ramp back into their local FIAT currency. Their solution is just a complete package, where they don't just enable their merchants to just accept payments in crypto but offer them with business opportunities and technical support.

In layman's terms, the exchange plans to simply help small businesses and FIAT users make an easy entry into the crypto economy by detatching the technical barriers for them. That is achieved through Wanda's sophisticated voucher system, allowing retail customers to get digital assets directly in cash. A similar reverse process can be applied if anyone wants to withdraw cash in trade for digital assets, Crypto to cash in Germany.

Wanda's Partnerships - Commitment to Working With Regulations

When the platform goes LIVE in the upcoming weeks, Wanda Exchange will end up Europe's first fully licensed and regulated crypto-to-cash, on/off-ramp exchange. The team has dedicated 2 yrs to obtaining the necessary licenses and establishing the necessary institutional partnerships to ensure that the exchange works under an utterly legal framework.

The exchange is compliant with EU laws, and it has been achieved through Wanda's strategic partnerships. Including onboarding “Copper Co” for custodial solutions, “Incore Bank Switzerland” for FIAT transfers, “Sumsub” as an AML/KYC partner, and “In2retail” because the ATM partner.

2023 Summary - Major Developments

Wanda's core team has been working proactively in the last couple of years and has made remarkable developments. 2023 was annually of turmoil for the crypto regulatory landscape following a infamous FTX crash; new regulations were rolled out, and the prevailing ones were amended to guard the users.

This generated a large delay in the exchange's launch plan as the organization had to make sure they complied with all the current regulations before launch. The team took it as a confident sign and spent the entire year obtaining necessary licenses and approvals and strengthening the technical infrastructure for the exchange's operations.

Upcoming Plans & Roadmap Ahead

Wanda Exchange LT obtained all the required licenses and approvals in December 2023 and is ready for the launch next few weeks. The launch is simply the first step towards Wanda's vision of providing the planet having an efficient crypt/cash exchange, and the following months is going to be accompanied by more partnerships and expansion in numerous countries.

Their vision for 2024 is to cultivate its network of merchants and integrate “Wanda Cash Out” as a withdrawal option on the initial few partner centralized exchanges, providing users with unparalleled convenience.

For more information, please contact: Mr. Diego Hert

Chief Marketing Officer

Wanda Exchange

Email: diego@wanda.exchange Phone: +66. 38111801