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London-based cryptocurrency exchange CEX.IO has expanded its operations to 31 states and the District of Columbia, states the official press release that was shared with iHodl.

As it states, the exchange now possesses licenses in 15 states: Alaska, Florida, Georgia, Iowa, Kansas, Maryland, New Hampshire, New Jersey, New Mexico, Oklahoma, Oregon, Rhode Island, South Dakota, Vermont, and West Virginia. The platform also operates in 16 states that do not require special licensing: Arkansas, California, Colorado, Indiana, Kentucky, Massachusetts, Michigan, Missouri, Montana, Mississippi, North Dakota, Pennsylvania, Utah, Virginia, Wisconsin, Wyoming.

The CEO of CEX.IO U.S., Alexander Kravets, says the exchange's mission is "to become fully approved and regularly audited license holders, while facilitating CEX.IO's U.S. growth under a transparent and regulated umbrella."

"The goal is to cover all 50 states and roll out new products uniquely tailored to each," he added.

Earlier iHodl reported that CEX.IO officially launched its services in the United States.

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