🔥 HashKey Enters the EU Market with Irish VASP License
posted 23 hr ago
HashKey Group, a leading digital asset financial services provider in Asia, has announced that its subsidiary, HashKey Europe Limited, has been officially registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland.
HashKey’s registration as a VASP marks a significant step, as it meets the rigorous standards of the EU’s Fifth Anti-Money Laundering Directive (AMLD5), the company confirmed in its official press release.
This approval allows HashKey Europe Limited to offer a range of regulated services, including:
- Converting virtual assets to fiat currencies and vice versa
- Facilitating exchanges between different types of virtual assets
- Managing virtual asset transfers on behalf of clients
- Providing custodial wallet services
Central Bank of Ireland. Source: Wikipedia
VASP: A Milestone in HashKey’s Global Expansion
This registration is a pivotal step in HashKey Group’s global growth strategy, enhancing its presence in key international markets while supporting its mission to build a sustainable, regulation-compliant Web3 ecosystem.
Before securing its Irish VASP license, HashKey had already earned regulatory approval in Hong Kong, Singapore, Japan, and Bermuda. These licenses solidify HashKey’s reputation as a trusted leader in the global virtual asset industry.
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,the company said in a statement.
About HashKey Group
Founded in 2018, HashKey Group is a leading digital asset financial services provider in Asia with a growing global presence.
The group operates regulated platforms, including HashKey Exchange in Hong Kong and HashKey Global, offering trusted and compliant services.
HashKey Capital focuses on investments in blockchain technology and digital assets, while HashKey OTC provides secure and regulatory-compliant over-the-counter trading. HashKey Cloud and HashKey Tokenisation further enhance the Web3 ecosystem by advancing infrastructure and tokenization services.
In addition to its service offerings, HashKey Group has developed innovative blockchain solutions, such as HashKey Chain, an Ethereum Layer 2 network, and its native platform token, HashKey (HSK).
HashKey Group’s Web3 Ecosystem. Source: group.hashkey.com
The Significance of the VASP License
The VASP registration in Ireland gives HashKey access to operations across the European Union, enabling the company to offer a full suite of regulated digital asset services. This approval solidifies HashKey’s position in the digital finance sector and enhances its ability to engage with both institutional and retail clients within a compliant, regulated environment.
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