Global leading institutional cryptocurrency trading platform Legend Trading today announced that its subsidiary Legend Financial Ireland Limited has been approved by the Central Bank of Ireland to become a Virtual Asset Service Provider (VASP). This milestone further underscores Legend Trading's commitment to the European market and solidifies its leadership position in digital asset services in the region.
Ireland has become an important hub in the virtual asset space, with its clear regulatory framework providing strong support for the development of the digital asset, payment, and fintech industries. In the cryptocurrency sector, Ireland has emerged as one of the most respected and welcomed countries in Europe, attracting leading companies such as Coinbase and Ripple to establish operations there. Currently, there are a total of 17 licensed VASPs in Ireland. Legend Trading's choice to make Ireland its European headquarters demonstrates its commitment to operating within a robust regulatory framework and providing secure and reliable digital asset services to the European Economic Area (EEA).
After obtaining registration as a Virtual Asset Service Provider (VASP) from the Central Bank of Ireland, Legend Trading is actively applying for a Crypto Asset Service Provider (CASP) license under the Markets in Crypto-Assets Regulation (MiCA). In Ireland, VASPs registered and operating before December 30, 2024, can continue their business under the transitional measures stipulated by MiCA while submitting their CASP authorization applications.
Legend Trading CEO Hao Chen stated, "The inclusion of Legend Trading in the Central Bank of Ireland's list of permitted virtual asset service providers is an important step in our business development in Europe. Ireland's regulatory environment is friendly, and its strategic location within the European Economic Area (EEA) makes it an ideal base for our European operations. As we advance our CASP authorization process under MiCA, we look forward to further enhancing our products and services and contributing to the growth of the digital asset ecosystem in the region."
Global Expansion
Currently, Legend Trading's OTC business serves nearly a thousand institutions worldwide, providing deep liquidity and competitive pricing in major digital assets. Its innovative fiat-to-cryptocurrency payment gateway, Legend Pay, has been integrated by leading cryptocurrency exchanges and wallets, including MetaMask, Circle, Deribit, KuCoin, and Cobo, helping millions of users easily exchange fiat and cryptocurrency.
Through a strategic partnership with Circle, the issuer of the world's second-largest stablecoin USDC, Legend Trading is providing fast, user-friendly USDC acceptance services in rapidly growing markets such as Latin America (LATAM) and the Asia-Pacific (APAC) region. This collaboration enhances the availability and utility of the digital dollar, facilitating cross-border transactions and financial inclusion.
Commitment to Compliance
Legend Trading's robust compliance framework makes it a trusted partner for institutions seeking secure and compliant cryptocurrency services. This milestone further reflects the company's mission to connect traditional finance with digital assets while adhering to the highest regulatory standards.
The company leverages cutting-edge technology to ensure the security, efficiency, and transparency of its services. With a global reach and localized presence in Europe, Legend Trading consistently leads in innovation and trust within the digital asset industry.
Deepening Global Presence
In addition to entering the European market, Legend Trading has significantly expanded its global footprint this year through multiple strategic acquisitions in South Africa, Singapore, and other undisclosed regions. These acquisitions enable the company to drive global growth through licensed subsidiaries and affiliates, laying a solid foundation for establishing a comprehensive stablecoin-based cross-border payment infrastructure.
Legend Trading is committed to connecting global liquidity and continues to promote the deep integration of traditional finance with the world of digital assets.
About Legend Trading
Legend Trading is a global leading cryptocurrency trading and financial services company headquartered in California, USA, with its European headquarters in Ireland. The company focuses on institutional-grade OTC trading, fiat deposit/withdrawal solutions, and liquidity provision, serving nearly a thousand institutional clients worldwide. With deep liquidity reserves, strict compliance operations, and seamless integration with major crypto platforms, Legend Trading enjoys an excellent reputation in the industry, continuously leading the development and innovation in the digital asset space.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
