Paysafe has obtained a Crypto Asset Service Provider licence under the European Union’s Markets in Crypto Assets Regulation from the Central Bank of Ireland, enabling its digital wallets Skrill and Neteller to offer regulated crypto services across all 31 European Economic Area markets under a single regulatory approval.

The licence is particularly significant for Paysafe as it allows the company to offer crypto services in Germany for the first time. 

Germany is Paysafe’s largest digital wallet market in Europe and is characterised by high consumer expectations around compliance, security, and regulatory oversight. 

Under the MiCA passporting framework, the single authorisation extends across the entire EEA without the need for…