Ireland crypto company costs broken down
Setting up a crypto company in Ireland involves specific costs that founders must understand before applying for a Virtual Asset Service Provider (VASP) registration with the Central Bank of Ireland. CRYPTO LICENSE GUIDE · 2026 Ireland crypto company costs Crypto licensing across 15+ jurisdictions CONSULTING24.CO Regulatory Framework and VASP Registration Ireland requires crypto businesses to register as Virtual Asset Service Providers under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, as amended. The Central Bank of Ireland oversees VASP registration, which is mandatory for entities offering exchange services between virtual assets and fiat, between virtual assets, or custodian wallet services. This registration is not a full licensing regime like MiCA, but it imposes significant compliance obligations. The application process involves submitting a detailed business plan, AML/CFT policies, risk assessments, and personal questionnaires for director...