The Central Bank of Ireland has officially given its approval to Crypto.com as a Virtual Asset Service Provider (VASP). Known for its strong focus on regulatory compliance, security, and privacy, Crypto.com boasts a vast client base of over 100 million worldwide.
This approval follows a thorough evaluation of Crypto.com’s compliance history, particularly its ability to combat money laundering and the financing of terrorist activities. With this green light from the Central Bank of Ireland, Crypto.com is now poised to expand its offerings in the country, including services such as cryptocurrency to fiat exchanges and fiat wallets.
Eric Anziani, the President and COO of Crypto.com, expressed his satisfaction with the announcement, highlighting it as the latest addition to the company’s growing list of regulatory licenses. These include approvals such as the Major Payment Institution (MPI) license for Digital Payment Token (DPT) and e-money issuance from the Monetary Authority of Singapore (MAS), registration as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF) in France, and operational approval of its Virtual Asset Service Provider License from the Dubai Virtual Assets Regulatory Authority (VARA), among many others.
The company’s regulatory achievements also extend to countries such as the UK, South Korea, Australia, Spain, Italy, Greece, Cyprus, and the Cayman Islands, as well as regulatory bodies like the US Commodity Futures Trading Commission (CFTC) and the Ontario Securities Commission in Canada. The diverse array of approvals underscores Crypto.com’s commitment to meeting global regulatory standards and providing secure and compliant services to its clients.