HashKey Group (“HashKey”), a leading end-to-end digital asset financial services group in Asia, announced that HashKey Europe Limited (“HEL”) a member of the HashKey Group has obtained Virtual Asset Service Provider (VASP) registration approval from the Central Bank of Ireland. This is HashKey Group’s first VASP license fully compliant with the EU’s Fifth Anti-Money Laundering Directive (AMLD5), underscoring its commitment to building a global Web3 ecosystem within a highly compliant regulatory framework.
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The VASP registration allows HashKey Europe Limited to provide a wide range of regulated services, including:
- Exchange between virtual assets and fiat currencies
- Exchange between one or more forms of virtual assets
- Transfer of virtual assets, that is to say, conduct a transaction on behalf of another person that moves a virtual asset from one virtual asset addressor account to another
- Custodian wallet services
Ben El-Baz, Managing Director at HashKey Global, said: “Securing VASP registration from the Central Bank of Ireland represents a significant milestone in HashKey’s global exchange business expansion. It underscores our steadfast commitment to compliance, security, and building trust. We are excited to establish a new presence in the EU, bringing us one step closer to aligning with MiCA regulations and advancing our mission to drive responsible innovation in the digital asset space.”
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Prior to securing VASP approval in Ireland, HashKey Group had obtained licenses in Hong Kong, Singapore, Japan, and Bermuda, positioning itself as a trusted global leader in the virtual asset industry. HashKey Europe Limited is registered and supervised by the Central Bank of Ireland for Anti-Money Laundering and Countering the Financing of Terrorism purposes only.
HashKey Group 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.
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Source – PR Newswire
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