HashKey Group has announced that its subsidiary, HashKey Europe Limited, has received Virtual Asset Service Provider (VASP) registration from the Central Bank of Ireland.

This marks the group’s first VASP license in full compliance with the EU’s Fifth Anti-Money Laundering Directive (AMLD5).

HashKey Europe can now offer a range of regulated services, including exchanging virtual assets for fiat currencies or other virtual assets, facilitating virtual asset transfers, and providing secure custodian wallet services.

This approval is part of HashKey’s broader global expansion strategy, adding Ireland to its list of regulated markets, which already includes Hong Kong, Singapore, Japan, and Bermuda.

HashKey Europe Limited is registered and supervised by the Central Bank of Ireland specifically for Anti-Money Laundering and Countering the Financing of Terrorism.

The company said in a statement,

“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.”

Featured image credit: Edited from Freepik

This article first appeared on Fintech News Hong Kong.