Standard Chartered-backed Zodia Markets gets VASP registration in Ireland
Zodia Markets is a Standard Chartered-backed digital asset exchange and brokerage platform. The company has announced its registration as a Virtual Asset Service Provider (VASP) by Ireland’s central bank. Zodia is looking to position itself for European expansion amid the upcoming MiCA laws. Zodia Markets, a digital asset exchange backed by Standard Chartered, is now registered as a Virtual Asset Service Provider (VASP) in Ireland. An announcement by the company on Friday stated that the VASP approval was granted to Zodia Markets (Ireland) Limited by the Central Bank of Ireland (CBI). This follows similar registration s by the Abu Dhabi Global Markets (ADGM) and the UK’s Financial Conduct Authority (FCA) – in September 2023 and in July 2022 respectively. Ireland is a burgeoning crypto market Zodia Markets’ registration in Ireland means the company now has regulatory approval in the EU , with this allowing it to expand its services i...