The post Zodia Markets Granted a VASP License by the Central Bank of Ireland! appeared first on Coinpedia Fintech News
Zodia Markets backed by Standard Chartered has been granted a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland. The license will allow Zodia Markets to offer OTC crypto trading and exchange services to institutional clients. Ireland is becoming a popular destination for crypto firms in Europe, with Coinbase recently designating it as an operational and regulatory hub as part of its expansion. The move by Zodia Markets comes ahead of the MiCA regulation expected to be implemented in 2024, which is set to make it mandatory for crypto service providers to seek authorization under MiCA in other EU member states in order to offer their products and services.
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