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“CHIPTOSS” P2P Platform “TOSSVTOSS” Acquires Virtual Asset License


“CHIPTOSS”‘s P2P cryptocurrency platform “TOSSVTOSS” is receiving significant attention from the industry for fulfilling regulations and securing licenses prior to its launch, as it announces the start of public service on July 30, 2023.

“TOSSVTOSS”, one of the comprehensive ecosystem contents of “CHIPTOSS”, is a trading-focused platform that connects individual transactions such as OTC markets and P2P with virtual asset wallets, virtual cards (debit), and EMI banks. It is an exchange and payment platform that strengthens integrated asset management, including the industry’s first cryptocurrency and international currency trading.

The Virtual asset service provider license acquired by “CHIPTOSS” is a license for virtual asset service providers. Acquiring a virtual asset service provider license provides legal authority to handle and trade virtual assets. Therefore, “TOSSVTOSS” is set to be the industry’s first to hold the title that can officially provide services related to OTC market currencies.

Securing a license before the project’s public release enhances the trustworthiness and scalability of the “CHIPTOSS” platform for users while meeting the legal requirements needed to operate an OTC market. It ensures stability and transparency.

Therefore, “CHIPTOSS”‘s P2P platform “TOSSVTOSS”, which has acquired both the virtual asset service license and the international money transfer license, is projected to be the first initiative to heighten the healthy interest of the industry in cryptocurrency market regulation along with the pre-launch license acquisition of “CHIPTOSS”.


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