Crypto.com, trusted by more than 100 million customers worldwide, announced today that it has received approval as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland. Known for its regulatory compliance, security, and privacy, Crypto.com continues to strengthen its presence in the global market.
Strengthening Compliance and Expanding Offerings
This approval came after a thorough review of Crypto.com’s commitment to compliance, focusing on its anti-money laundering and combating the financing of terrorism capabilities. With this approval, Crypto.com can expand its offerings in Ireland, including crypto-to-fiat exchanges and fiat wallets.
Eric Anziani, President and COO of Crypto.com, expressed his excitement: “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.”
Building on Global Regulatory Momentum
Crypto.com recently celebrated their 100 millionth customer. Today’s announcement is yet another significant milestone for Crypto.com, adding to its growing list of regulatory achievements. Recently, Crypto.com has secured several important licenses and registrations around the world. These include:
- Singapore: Major Payment Institution (MPI) licence for Digital Payment Token (DPT) and e-money issuance, account issuance, cross-border and domestic money transfer services from the Monetary Authority of Singapore.
- France: Registration as a Digital Asset Service Provider (DASP) by the Autorité des marchés financiers (AMF).
- Dubai: Full operational approval of its Virtual Asset Service Provider Licence from the Dubai Virtual Assets Regulatory Authority (VARA).
- United Kingdom: Authorization as an Electronic Money Institution (EMI) by the Financial Conduct Authority (FCA).
- South Korea: Electronic Financial Transaction Act and Virtual Asset Service Provider registration.
- Australia: Registration approval as a Digital Currency Exchange Provider and Independent Remittance Dealer by AUSTRAC, an Australian Financial Services Licence, and an Australian Credit Licence from the Australian Securities and Investments Commission (ASIC).
- Spain: Registration as a Virtual Asset Service Provider (VASP) from the Bank of Spain.
- Italy: Registration from the Organismo Agenti e Mediatori (OAM).
- Greece: Registration from the Hellenic Capital Market Commission.
- Cyprus: Registration from the Securities and Exchange Commission.
- Cayman Islands: Regulatory approval from the Cayman Islands Monetary Authority.
- United States: A US Commodity Futures Trading Commission (CFTC) regulated Derivatives Clearing Organization (DCO) and a Designated Contracts Market (DCM).
- Canada: A pre-registration undertaking with the Ontario Securities Commission and Canada Securities Administrators.
Crypto.com’s extensive list of global regulatory approvals underscores its commitment to compliance and innovation. With each new approval, the company continues to build trust and expand its reach, offering consumers around the world a comprehensive range of crypto services.
