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

Kraken has successfully registered our Irish subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland (CBI) as a Virtual Asset Service Provider (VASP). 

Kraken’s Irish VASP registration demonstrates to both our clients and regulators that Kraken follows Europe’s most robust anti-money laundering and compliance standards. Registration further underscores Kraken’s commitment to driving crypto adoption across Europe, now and into the future.

“Clear and effective regulation is essential for the mainstream adoption of cryptocurrencies. As we bring innovative products and services to market, we’re committed to continuing to work with European regulators to operate compliantly under sensible, forward-looking crypto asset regulation,” said Mark Jennings, Kraken’s Head of European Operations. “We’ve always put our clients first and believe in offering a compliant trading experience that leverages industry-leading customer service, robust security protocols, and a market-leading position in liquidity and volume for EUR crypto pairs.”

With VASP registration and our growing local team in Ireland, we deepen our commitment to our Irish clients and their ability to access an extensive array of cryptocurrency assets. While buying and selling those assets, Kraken clients benefit from the deepest liquidity for EUR crypto pairs available, as well as our industry-leading security that keeps their crypto safe.  

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• Source: https://blog.kraken.com/post/18446/kraken-secures-virtual-asset-service-provider-vasp-registration-in-ireland/