Tap Global Group PLC - Gibraltar-based provider of app-based cryptocurrency payment and settlement services - Subsidiary Tap Bulgaria EOOD, has been granted virtual asset service provider registration by Bulgaria’s national revenue agency. The Aquis-listed company says the approval ‘represents a significant milestone’ in its strategy to expand across Europe in preparation for the implementation of the ’markets in crypto-assets’ regulation, also known as MiCA.
‘Securing VASP registration in Bulgaria marks an important step in our strategy to expand our European footprint. This registration strengthens our regulatory framework and demonstrates our commitment to operating within compliant jurisdictions,’ says Arsen Torosian, chief executive officer of Tap Group.
Tap Group continues to pursue additional regulatory approvals in ‘key’ European jurisdictions as part of its expansion strategy.
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