Crypto.com Gains Approval From Ireland’s Central Bank
The Central Bank of Ireland (CBI) has approved Crypto.com, one of the world’s largest crypto trading platforms, as a virtual asset service provider (VASP) in Ireland.
This approval allows Crypto.com to expand its offerings in the country, including crypto-to-fiat exchanges and fiat wallets.
Crypto.com’s president and chief operating officer, Eric Anziani, said the approval demonstrates the company’s commitment to compliance and responsible innovation.
The CBI has approved 15 entities as VASPs in Ireland, including Coinbase, the largest US-based crypto exchange.
The full list of registered VASPs in Ireland features 14 entities as of June 7, including major industry firms like Ripple, the Winklevoss brothers’ Gemini exchange, MoonPay, Standard Chartered’s Zodia custody platform, Paysafe, and others.
The CBI’s approval of Crypto.com marks another milestone in the country’s growing interest in the crypto industry.
(With inputs from Shikha Singh)
You need to login in order to Like
