Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.
The Irish subsidiary of U.K.-based crypto infrastructure firm Ramp Network has secured a virtual asset services providers registration in Ireland, the company said in a press release on Thursday.
The Ramp Network is a financial technology company building payment rails connecting crypto to the global financial system. This registration will enable its users to exchange fiat currencies for more than 100 crypto assets. The company wants to make Ireland its European headquarters and has established a team and operation in Dublin. It intends to get authorized as a Crypto Asset Service Provider under the Markets in Crypto Assets Regulation .under MiCA—the European Union’s bespoke rules for crypto—a company needs to have a registered office in an EU member state where it carries out some of its business and has a resident director.
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