Ripple Receives VASP Operator License in Ireland
Ripple, a cryptocurrency payment network, has achieved an additional regulatory milestone in Ireland with the Central Bank of Ireland’s (CBI’s) approval as a virtual asset service provider (VASP). Ripple recently obtained registration as a VASP with the CBI, enabling it to offer specific digital asset services in Ireland, the company announced on December 19. Ripple […]
Fasset Receives VASP Operational License in Dubai
Digital asset investment platform Fasset has been granted a Virtual Asset Service Provider (VASP) license from regulators in Dubai, allowing it to operate legally in the emirate. Fasset’s VASP license enables the organization to conduct broker-dealer services in Dubai legally. The license conditions permit the platform to cater to retail, ” qualified,” and local institutional […]
OPNX Gets VASP License in Lithuania for Spot Crypto Trading
On November 8, OPNX exchange acquired a virtual asset service provider license (VASP) OPNX in Lithuania, authorizing it to offer spot crypto trading services across the European Union. This license would necessitate that the exchange “maintain the utmost standards of compliance and security,” according to the announcement. The team has already implemented a “robust” Know […]
BitPanda Secures VASP License in Norway
Vienna-based crypto exchange Bitpanda has secured a virtual asset service provider (VASP) license in Norway as it continues its expansion in Europe. Bitpanda stated they had been granted a VASP license in Norway in a post on X on October 19. The exchange is the first non-local organization to accomplish this milestone. A VASP license […]
Kraken Exchange Receives EMI in Ireland, VASP in Spain
Kraken has obtained an Electronic Money Institution (EMI) license from the Central Bank of Ireland and a virtual asset service provider (VASP) license from the Bank of Spain. According to an announcement on September 26, the EMI license enables Kraken to expand its euro-to-cryptocurrency trading services to 27 European Union (EU) and European Economic Area […]