In a series of regulatory achievements, blockchain company Ripple has marked another significant milestone by announcing the inclusion of its Irish subsidiary, Ripple Markets Ireland Limited, in the Central Bank of Ireland’s list of registered Virtual Asset Service Providers (VASPs).
Ireland’s Favorable Stance On Blockchain Innovation
According to the company’s announcement on December 20, Ripple’s registration as a VASP further solidifies its commitment to working closely with regulators worldwide to promote the adoption and benefits of blockchain and cryptocurrency technology in the enterprise sector.
Eric van Miltenburg, Senior Vice President of Strategic Initiatives at Ripple, emphasized the importance of the Central Bank of Ireland’s decision, stating that it marks a “significant milestone” for Ripple’s presence in the region.
van Miltenburg further highlighted Ireland’s “supportive” stance towards the virtual assets industry and its reputation as a favor
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