Kraken Obtains 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 the strongest anti-money laundering and compliance standards in Europe. The registration further underscores Kraken’s commitment to driving cryptocurrency adoption across Europe, now and in the future.

“Clear and effective regulation is essential for the widespread adoption of cryptocurrencies. As we bring innovative products and services to market, we are committed to continuing to work with European regulators to operate in compliance with sensible and forward-thinking crypto asset regulation,” said Mark Jennings, Kraken’s director of European operations. “We have always put our clients first and believe in delivering a compliant trading experience that leverages industry-leading customer service, strong security protocols, and a leading market position in liquidity and volume for EUR cryptocurrency pairs. “.

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

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