Crypto.com, which claims to be “trusted” by more than 100 million customers worldwide and the firm focused on regulatory compliance, security and privacy, announced that it has received approval as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland.
This approval follows a thorough review of Crypto.com’s commitment “to compliance, including its anti-money laundering and combating the financing of terrorism capabilities.”
The approval will enable Crypto.com to “further its offering in Ireland, including crypto to fiat exchanges and fiat wallets.”
Eric Anziani, President and COO of Crypto.com said:
“This approval from the Central Bank of Ireland is the latest testament to our commitment to compliance and responsible innovation. We are excited to broaden our offering in Ireland, enabling consumers to engage with the most comprehensive crypto product offering.”
Today’s announcement continues Crypto.com’s regulatory license momentum, “having received its Major Payment Institution (MPI) licence for Digital Payment Token (DPT) and its MPI for e-money issuance, account issuance, cross border and domestic money transfer services from the Monetary Authority of Singapore; registration as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) in France.”
Full operational approval of its Virtual Asset Service Provider Licence “from the Dubai Virtual Assets Regulatory Authority (VARA); authorization as an Electronic Money Institution (EMI) by the UK’s Financial Conduct Authority (FCA); Electronic Financial Transaction Act and Virtual Asset Service Provider registration in South Korea; registration approval as a Digital Currency Exchange Provider and Independent Remittance Dealer in Australia by AUSTRAC; an Australian Financial Services Licence and Australian Credit Licence from the Australian Securities and Investments Commission (ASIC)” (and more).
Founded in 2016, Crypto.com claims “more than 100 million customers worldwide and is the industry leader in regulatory compliance, security and privacy.”
Their vision is simple: Cryptocurrency in Every Wallet.
Crypto.com is committed to accelerating “the adoption of cryptocurrency through innovation.”