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Crypto.com Expands European Presence with Irish License

Published 06/12/2024, 04:00 AM
Updated 06/12/2024, 04:45 AM
Crypto.com Expands European Presence with Irish License

  • Crypto.com gains VASP approval from the Central Bank of Ireland.
  • Regulatory momentum includes licenses from Singapore, France, Dubai, UK, and more.
  • Crypto.com’s compliance efforts bolster its global presence and customer trust.

Crypto.com achieved a major milestone in Ireland, securing approval as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland.

The approval followed a rigorous review of Crypto.com’s anti-money laundering and combating the financing of terrorism (AML/CFT) compliance procedures. With this approval, Crypto.com will offer cryptocurrency-to-fiat exchanges and fiat wallets to Irish customers, expanding its services in the region.

President and COO Eric Anziani said, “This approval is a testament to Crypto.com’s ongoing commitment to compliance and responsible innovation. We are excited to expand our comprehensive and secure crypto product offerings in Ireland.”

Today’s announcement accelerates Crypto.com’s global regulatory licensing momentum. The company holds a Digital Payment Token (DPT) and Major Payment Institution (MPI) license from the Monetary Authority of Singapore and is registered as a Digital Asset Serv…

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