Crypto.com gains approval from Ireland’s central bank

The Central Bank of Ireland approved 15 different VASPs as of June 7, 2024, including Crypto.com, Coinbase, Gemini, Ripple and others.

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The Central Bank of Ireland (CBI) has given a nod to another major cryptocurrency company, Crypto.com, as a virtual asset service provider (VASP).

Crypto.com, one of the world’s largest crypto trading platforms, announced it had receiving VASP approval in Ireland on June 11. The approval enables Crypto.com to expand its offering in the country, including crypto-to-fiat exchanges and fiat wallets.

Crypto.com's president and chief operating officer, Eric Anziani, said the approval shows the company’s commitment to compliance and responsible innovation.

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