HashKey Group Secures Virtual Asset Service Provider Registration in Ireland

HashKey Group, a prominent digital asset financial services provider in Asia, has announced that its subsidiary, HashKey Europe Limited (HEL), has received Virtual Asset Service Provider (VASP) registration approval from the Central Bank of Ireland. This marks the company’s first VASP license in the European Union, fully aligning with the EU’s Fifth Anti-Money Laundering Directive (AMLD5).

With this registration, HashKey Europe Limited can offer regulated services such as virtual asset-to-fiat exchange, virtual asset transfers, and custodian wallet services. This approval reflects HashKey’s commitment to operating within a compliant regulatory framework as it continues to build a global Web3 ecosystem.

Ben El-Baz, Managing Director at HashKey Global, highlighted the importance of this milestone:

“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.”

Before obtaining approval in Ireland, HashKey Group had already established itself as a trusted leader in the virtual asset industry with licenses in Hong Kong, Singapore, Japan, and Bermuda. This latest registration expands its ability to provide services within the EU, further strengthening its position in the global market.

HashKey Europe Limited will be supervised by the Central Bank of Ireland for Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) purposes, ensuring it meets stringent regulatory standards.