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Crypto.com Gains VASP Approval from Central Bank of Ireland
Crypto.com has received approval from the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP). This approval will allow Crypto.com to expand its services in Ireland. These services include crypto-to-fiat exchanges and fiat wallets. The VASP license indicates that Crypto.com meets the standards for compliance procedures. This includes measures for anti-money laundering and combating the financing of terrorism. These measures are important as cryptocurrencies are often used to bypass laws and sanctions. Crypto.com serves a global customer base of 100 million people. The company aims to enhance ... (full story)
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- Posted: Jun 11, 2024 11:26am
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 183
