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 customers and regulators that Kraken meets the highest anti-money laundering and compliance standards in Europe. The registration further underscores Kraken’s commitment to driving crypto 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 regulation. and future-focused crypto assets,” said Mark Jennings, Head of European Operations at Kraken. “We have always put our clients first and believe in delivering a compliant trading experience that leverages ‘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 are strengthening our commitment to our Irish clients and their ability to access a wide range of cryptocurrency assets. When buying and selling these assets, Kraken clients benefit from the highest liquidity available for EUR crypto pairs, as well as our industry-leading security that protects their crypto.
Don’t have a Kraken account yet? Sign up in minutes to buy hundreds of different cryptocurrencies and NFTs with Kraken.