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Confirmo Secures Irish Central Bank Approval for European Operations Hub

The company said the approval and license in Ireland position it to expand stablecoin payment services across the European Union under MiCA (European Union crypto regulation) after CASP (crypto-asset service provider) authorization in 2025.

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Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, typically by being pegged to a fiat currency such as the U.S. dollar or euro.
  • MiCA: Markets in Crypto-Assets, the European Union regulatory framework for crypto-assets and related service providers.
  • CASP authorization: Approval for a crypto-asset service provider to legally offer regulated crypto services under the European Union’s MiCA framework.