Wed, January 8

HashKey Gets Approval to Offer Virtual Asset Services in Ireland

HashKey Gets Approval to Offer Virtual Asset Services in Ireland Market News
  • HashKey receives VASP license to offer virtual asset services in Ireland. 
  • Exchange services from crypto-to-crypto, crypto-to-fiat, and custodian wallet services will be offered by HashKey. 

HashKey Europe Limited, a member of digital asset financial services group “HashKey Group”, obtained VASP license to operate in Ireland. The firm offers complete end-to-end crypto services such as exchange, asset management, Web3 infrastructure provider, and tokenization services across multiple countries. 

Being an Asian-based company, HashKey operates in Singapore, Japan, and Bermuda with headquarters in Hong Kong. This is the first license approved as per Europe’s Anti-Money Laundering policies. A fully compliant license from the Central Bank of Ireland marks a key milestone for HashKey, in the process of expanding its services globally. 

HashKey Gets VASP License from Central Bank of Ireland

As per the latest announcement from HashKey, the firm obtained VASP (Virtual Asset Service Provider) license from the Central Bank of Ireland. This registration approval allows Hashkey to provide following digital asset services. 

  • Exchange services from crypto to fiat
  • Exchange services from crypto to crypto
  • Virtual asset transfer
  • Custodial wallet services

With this new addition, the HashKey Group is deepening its roots as a virtual asset provider across global countries. Obtaining a license from the Central Bank of Ireland is not a small feat and proves the firm’s commitment to expand globally, while being in compliance with the regulatory requirements. 

“HashKey remains dedicated to supporting the sustainable growth of the virtual economy by ensuring compliance with international regulations, delivering value-added services, and fostering trust within the ecosystem.”

The recently introduced Markets in Crypto-Assets Regulation (MiCA) came into force from Dec 30, 3034. This marked Europe as the world’s first major jurisdiction to come up with a regulatory framework for virtual assets. HashKey remains one of the first virtual asset firms to obtain a regulatory license from MiCA. 

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