HashKey Group, a leading crypto financial services provider based in Asia, has achieved a significant milestone in its global expansion.
The company announced that its European division has received approval for Virtual Asset Service Provider (VASP) registration from the Central Bank of Ireland.
This registration allows HashKey Europe to provide cryptocurrency trading and custodial wallet services within the region, reinforcing its commitment to growth in key international markets.
“Securing VASP approval in Ireland is a pivotal part of our strategy to strengthen HashKey’s presence across the globe,” the company stated in its official announcement on Tuesday.
A Growing Portfolio of Global Licenses
HashKey Group has actively pursued regulatory compliance worldwide. It holds licenses in major financial hubs, including Hong Kong, Singapore, Japan, and Bermuda.
In 2023, HashKey Exchange became one of the first platforms to secure licensing under Hong Kong’s revamped regulations, enabling it to offer cryptocurrency trading services to retail investors.
Innovation in Blockchain Technology
Beyond regulatory achievements, HashKey Group has made notable strides in blockchain innovation. In December 2023, the company launched its proprietary Ethereum Layer 2 solution, HashKey Chain, on the mainnet, further diversifying its offerings.
Comprehensive Crypto Services
HashKey Group’s operations span multiple areas of the crypto ecosystem, including:
- HashKey Exchange: A platform for secure cryptocurrency trading.
- HashKey Global: A division focused on international market services.
- HashKey Capital: Investment and venture capital for blockchain initiatives.
- HashKey OTC: Over-the-counter trading services.
- HashKey Cloud: Cloud solutions tailored to digital assets.
- HashKey Tokenisation: Services for asset tokenization.
With its latest VASP approval in Ireland, HashKey Group is poised to expand its influence in the European cryptocurrency market. The company’s focus on regulatory compliance and technological advancement underscores its ambition to be a global leader in the evolving digital asset industry.