HashKey Group has introduced that its subsidiary, HashKey Europe Restricted, has acquired Digital Asset Service Supplier (VASP) registration from the Central Financial institution of Eire.
This marks the group’s first VASP license in full compliance with the EU’s Fifth Anti-Cash Laundering Directive (AMLD5).
HashKey Europe can now provide a variety of regulated providers, together with exchanging digital property for fiat currencies or different digital property, facilitating digital asset transfers, and offering safe custodian pockets providers.
This approval is a part of HashKey’s broader world growth technique, including Eire to its checklist of regulated markets, which already contains Hong Kong, Singapore, Japan, and Bermuda.
HashKey Europe Restricted is registered and supervised by the Central Financial institution of Eire particularly for Anti-Cash Laundering and Countering the Financing of Terrorism.
The corporate mentioned in an announcement,
“HashKey Group stays devoted to supporting the sustainable development of the digital financial system by making certain compliance with worldwide rules, delivering value-added providers, and fostering belief inside the ecosystem.”
Featured picture credit score: Edited from Freepik
This text first appeared on Fintech Information Hong Kong.