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HashKey gets presence in EU

Ben El-Baz, managing director of HashKey Global (File photograph)

HashKey Group, the Asian-headquartered end-to-end digital asset financial services group with an operation in Bermuda, has announced that its European subsidiary has obtained virtual asset service provider registration approval from the Central Bank of Ireland.

The company said HashKey Europe Ltd’s approval is the group’s first VASP licence fully compliant with the European Union’s Fifth Anti-Money Laundering Directive, underscoring its commitment to building a global Web3 ecosystem within a highly compliant regulatory framework.

It said the VASP registration allows HashKey Europe Ltd to provide a wide range of regulated 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.”

Prior to securing VASP approval in Ireland, HashKey Group obtained licences in Hong Kong, Singapore, Japan, and Bermuda, where it holds a Class F digital assets business licence granted by the Bermuda Monetary Authority last February.

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Published January 09, 2025 at 2:44 pm (Updated January 09, 2025 at 2:44 pm)

HashKey gets presence in EU

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