Gets Registered in Ireland

Regulatory compliance plays a huge role in deciding the exchange we trade on. Most crypto exchanges have run into trouble with regulators for failing to register their activities.

Thankfully, a lot of exchanges are working towards improving compliance. has announced its registration as a virtual asset service provider in Ireland. Registers as a Virtual Asset Provider in Ireland

This registration enables the exchange to operate legally within the European Union. The Central Bank of Ireland’s website shows that was registered under the name Forix DAX.

A statement from the exchange revealed that it would now be able to offer services such as fiat wallets, and crypto-to-fiat exchanges.’s president and chief operating officer, Eric Anziani, remarked that “this approval from the Central Bank of Ireland is the latest testament to our commitment to compliance and responsible innovation.”

Source: X

Anziani said: “We are excited to broaden our offering in Ireland, enabling consumers to engage with the most comprehensive crypto product offering.”

Getting Ready for MiCA

With this approval, became one of the crypto companies that the Irish central bank regulates, along with Coinbase. As of June 7th, there were 14 corporations on the complete list of registered VASPs in Ireland. These include well-known companies in the crypto sector, such as Ripple, Gemini Exchange, Pay Safe, MoonPay, and others.

Snapshot of crypto firms registered in Ireland

These companies vie to secure approval in EU countries. And prepare for the implementation of the MiCA regulation later this year. EU laws are clear and easy for firms that secure licenses in any member state. Such firms can operate in all 27 countries. has successfully secured licenses in other regions, including Dubai. The exchange recently received full operational authority from Dubai’s regulatory body. In addition, the exchange is legal in the Netherlands and Spain. It also has a license as an electronic money institution from the United Kingdom.


The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.


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