HashKey Group receives approval for VASP registration from the Central Bank of Ireland

On January 7, HashKey Group announced that it has received VASP registration approval from the Central Bank of Ireland, expanding the market to Ireland. Under the European Union's Fifth Anti-Money Laundering Directive (AMLD5), all crypto service providers in Ireland are required to register with the Central Bank for anti-money laundering (AML) and counter-terrorism financing (CFT) measures.
The VASP license approval allows HashKey to provide a variety of crypto services, including fiat-cryptocurrency exchange, cryptocurrency-cryptocurrency exchange, custodial wallet services, and the transfer of virtual assets on behalf of others. The Central Bank of Ireland also requires VASP approval for entities that assist issuers in providing or selling virtual assets in any capacity.