Virtu Financial Ireland Secures MiCA Approval and CASP License

Virtu Financial Inc said its Irish subsidiary has received regulatory approval under the European Union's Markets in Crypto-Assets framework, allowing it to operate crypto-asset services across all 27 EU member states. The authorization was granted to Virtu Financial Ireland Limited. It enables the firm to provide regulated digital asset services, including trading and liquidity provision, under a single EU-wide framework. The approval covers institutional and professional clients across the bloc.

The MiCA framework sets out unified rules for crypto-asset service providers in the European Union. It is designed to provide legal clarity and "regulatory consistency" across the region's digital asset market — a phrase that, in crypto, is roughly as common as a rug pull apology thread.

Virtu described the approval as a key milestone in its digital asset strategy. It said the license supports its expansion in regulated crypto markets. "Obtaining our CASP license is a testament to Virtu's long-standing commitment to operating within robust regulatory frameworks and providing our clients with transparency and liquidity," said Scotte Moegling, Head of Business Development for Digital Assets at Virtu Financial. He added that "the EU's MiCA framework provides clear rules of engagement for digital asset markets," and said the firm is positioned to support institutional clients across Europe under the new rules.

In broader context, several crypto firms have also secured MiCA authorisations across Europe. Kraken received a Markets in Crypto-Assets licence from the Central Bank of Ireland. The approval allows the exchange to operate under the EU-wide regulatory framework for crypto-asset service providers. The company has also reported higher euro-denominated spot trading, which it said now accounts for 17.5% of total volume.