#Ireland #Digital Assets #Hamilton #HashKey #VASP

HashKey Group Achieves VASP Registration from the Central Bank of Ireland

The HashKey Group, a prominent financial services provider specializing in digital assets, recently made headlines by announcing that its subsidiary, HashKey Europe Limited (HEL), has obtained the registration approval as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland. This achievement marks a significant milestone for the company, representing its first VASP license that aligns fully with the EU's fifth Anti-Money Laundering Directive (AMLD5).

This VASP registration allows HashKey Europe Limited to offer a comprehensive suite of regulated services, which include:

• - Exchange services between virtual assets and fiat currencies.
• - Trading of various forms of virtual assets.
• - Facilitating transactions on behalf of clients by transferring virtual assets from one account to another.
• - Custodial services for virtual asset wallets.

Ben El-Baz, the Managing Director of HashKey Global, commented on this achievement, stating, "Receiving the VASP registration from the Central Bank of Ireland is a critical milestone for HashKey's global exchange business expansion. It highlights our commitment to compliance, security, and building trust. We are excited to establish a new presence in the EU, moving closer to the MiCA regulations while furthering our mission to promote responsible innovation in digital assets."

Prior to securing this approval in Ireland, HashKey Group had already acquired various licenses in regions such as Hong Kong, Singapore, Japan, and Bermuda. This extensive portfolio positions HashKey as a reliable global leader in the virtual asset industry. It is essential to note that HashKey Europe Limited is registered solely for combating money laundering and financing of terrorism, under the regulatory supervision of the Central Bank of Ireland.

The mission of the HashKey Group revolves around supporting the sustainable growth of the virtual economy. They achieve this by ensuring adherence to international regulations, providing value-added services, and fostering trust within the digital asset ecosystem.

About HashKey Group

The HashKey Group stands out as a leading financial services organization focused on digital assets in Asia, with a robust presence in regions such as Hong Kong, Singapore, Japan, and Bermuda. Since its inception in 2018, HashKey has been actively building a comprehensive Web3 ecosystem while adhering to strong regulatory frameworks. Key elements of this ecosystem include:

• - HashKey Exchange: A licensed virtual asset exchange regulated by the SFC in Hong Kong.
• - HashKey Global: A leading global digital asset exchange.
• - HashKey Capital: A global asset manager that focuses exclusively on investments in blockchain technologies and digital assets.
• - HashKey OTC: The compliant over-the-counter trading branch of HashKey Group.
• - HashKey Cloud: A premier provider for global Web3 infrastructure.
• - HashKey Tokenization: Services specializing in the tokenization of assets.

Moreover, HashKey Group has developed a rich on-chain ecosystem featuring the Ethereum Layer 2, HashKey Chain, and its platform token, HSK.

The overarching goal of the HashKey Group is to propel mass adoption of blockchain technology, aiming to provide accessible and reliable digital asset services to one billion users worldwide.