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Kraken secures Virtual Asset Service Provider (VASP) registration in Ireland

by The Dao Makers
April 18, 2023
in Launchpads
Reading Time: 3 mins read
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Kraken has efficiently registered our Irish subsidiary, Payward Europe Options Restricted, with the Central Financial institution of Eire (CBI) as a Digital Asset Service Supplier (VASP). 

Kraken’s Irish VASP registration demonstrates to each our shoppers and regulators that Kraken follows Europe’s most sturdy anti-money laundering and compliance requirements. Registration additional underscores Kraken’s dedication to driving crypto adoption throughout Europe, now and into the longer term.

“Clear and efficient regulation is important for the mainstream adoption of cryptocurrencies. As we convey revolutionary services and products to market, we’re dedicated to persevering with to work with European regulators to function compliantly underneath smart, forward-looking crypto asset regulation,” stated Mark Jennings, Kraken’s Head of European Operations. “We’ve at all times put our shoppers first and imagine in providing a compliant buying and selling expertise that leverages industry-leading customer support, sturdy safety protocols, and a market-leading place in liquidity and quantity for EUR crypto pairs.”

With VASP registration and our rising native workforce in Eire, we deepen our dedication to our Irish shoppers and their capability to entry an in depth array of cryptocurrency belongings. Whereas shopping for and promoting these belongings, Kraken shoppers profit from the deepest liquidity for EUR crypto pairs obtainable, in addition to our industry-leading safety that retains their crypto protected.  

Don’t have a Kraken account but? Enroll in minutes to purchase tons of of various cryptocurrencies and NFTs with Kraken.

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