LATEST: Ireland Grants Virtual Asset Provider Approval to Crypto.com

Crypto.com, a leading cryptocurrency platform trusted by over 100 million users, has gained approval as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland. This endorsement, confirming the platform’s commitment to stringent compliance, anti-money laundering, and anti-terrorism financing standards, allows Crypto.com to expand its services in Ireland. These services include crypto-to-fiat exchanges and new fiat wallet options, reinforcing its position as a secure and trusted operator.

Eric Anziani, President and COO of Crypto.com, expressed enthusiasm about the approval, noting it as a testament to the company’s dedication to compliance and responsible innovation. This move is set to enhance their offerings, providing Irish consumers with a broad range of cryptocurrency products.

The license also positions Crypto.com to operate across the European Union, especially ahead of the upcoming Markets in Crypto Assets (MiCA) regulations set to be implemented in December. This strategic expansion aligns with Crypto.com’s global licensing achievements, including recent approvals in Dubai, the UK, the Netherlands, and Spain.

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