In recent news, the Central Bank of Ireland has officially authorized Crypto.com as a Virtual Asset Service Provider (VASP). Known for its strong emphasis on regulatory compliance, security, and privacy, Crypto.com boasts a global client base of over 100 million individuals.

This significant approval follows a thorough assessment of Crypto.com's adherence to compliance standards, particularly in terms of preventing money laundering and the financing of illegal activities. With this newfound approval, Crypto.com is poised to expand its range of services in Ireland, including facilitating cryptocurrency to fiat exchanges and offering fiat wallets to customers.

Eric Anziani, the President and COO of Crypto.com, expressed his enthusiasm about the approval, highlighting it as a validation of the company's dedication to compliance and innovation. He emphasized the company's readiness to provide Irish consumers with access to a wide array of crypto products.

Today's announcement adds to Crypto.com's growing list of regulatory licenses. The company has previously obtained licenses such as the Major Payment Institution (MPI) license for Digital Payment Token (DPT) and MPI for e-money issuance, account issuance, cross-border, and domestic money transfer services from the Monetary Authority of Singapore (MAS). Additionally, Crypto.com has received recognition as a Digital Asset Service Provider (DASP) from the Autorité des marchés financiers (AMF) in France, a Virtual Asset Service Provider License from the Dubai Virtual Assets Regulatory Authority (VARA), and approval as an Electronic Money Institution (EMI) from the UK's Financial Conduct Authority (FCA).

Furthermore, Crypto.com has successfully registered in various countries, including South Korea, Australia, Spain, Italy, Greece, Cyprus, and the Cayman Islands, among others. The company has also obtained regulatory approval from the US Commodity Futures Trading Commission (CFTC) and entered into pre-registration agreements with regulatory bodies in Ontario and Canada. This extensive list of regulatory approvals underscores Crypto.com's commitment to operating in a compliant and secure manner across multiple jurisdictions.