Coinbase secures VASP registration in Ireland By Cointelegraph

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© Reuters.

Crypto exchange Coinbase (NASDAQ:) was granted permission by the Central Bank of Ireland to act as a virtual asset service provider (VASP), according to a Dec. 21 announcement. The company’s operations in the country will be overseen by Cormac Dinan, a former employee of Crypto.com, Deloitte and Citigroup (NYSE:).

Under the VASP registration, Coinbase Ireland will be subject to the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010.