Haycen Secures Virtual Asset Service Provider Registration Status in EU
First onshore registration in preparation for new EU regulatory scheme, MiCA.
Haycen, the B2B digital currency and payments business, today announced that its Polish subsidiary has successfully received its registration as a Virtual Asset Service Provider (“VASP”) from the Polish authorities. Haycen Europe sp Zoo’s registration number is RDWW-1355.
Founder and CEO Luke Sully states; “Compliance with evolving regulatory regimes onshore is fundamental to delivering the trust and security our clients expect in our products. We are pleased to announce this step forward in the business, pre-MiCA.”
Haycen is a B2B digital currency and payments business that offers corporate clients a high quality FIAT backed digital currency for payments, settlement and collateral. It offers closed loop payments ecosystems for critical industries that require a cost effective way to hold and transact in major currencies with the benefit of new digital payment rail technology.
Haycen sees closer regulatory convergence across major trading zones over the coming years. Its VASP registration is the first step in that evolving process in the EU and plans to continue obtaining onshore licenses in key markets.
About Haycen
Haycen Ltd and its regulated subsidiaries, deliver digital currencies and payment solutions to SMEs, corporate clients and financial intermediaries.
The Haycen senior management team consist of former executives and technologists from Goldman Sachs, IBM, JP Morgan and Barclays who have also founded multiple Fintech projects.
Haycen has been backed by both the Irish and UK governments to deliver institutional-grade digital asset products for regulated markets. In 2021 the business launched its digital asset treasury management solution, then named Ledgermatic, which has since been folded up under Haycen’s product stack. In 2022 it was recognised as a High Potential Start Up (HPSU) by Enterprise Ireland.