Zodia Markets, a digital asset trading platform, recently announced that it has obtained a Virtual Asset Service Provider (VASP) registration from the Central Bank of Ireland. This registration allows Zodia Markets to provide services related to virtual assets to customers in the European Union (EU).

The registration is part of the EU’s Fifth Anti-Money Laundering Directive (5AMLD), which requires companies providing services related to virtual assets to register with their local financial regulator. Zodia Markets is the first company to receive this registration in Ireland.

This registration is an important step for Zodia Markets as it allows them to provide services to customers in the EU. It also demonstrates the company’s commitment to compliance with local regulations and its dedication to providing a safe and secure trading platform.

Zodia Markets is committed to providing a secure and compliant trading platform for its customers. The company has implemented a number of measures to ensure that its customers’ funds are safe and secure. These measures include two-factor authentication, cold storage of funds, and regular audits of its security protocols.

In addition, Zodia Markets has also implemented a number of measures to ensure compliance with local regulations. These measures include Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, as well as the implementation of a robust risk management system.

The VASP registration from the Central Bank of Ireland is an important step for Zodia Markets as it allows them to provide services to customers in the EU. This registration demonstrates the company’s commitment to compliance with local regulations and its dedication to providing a secure and compliant trading platform.