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Crypto provider Ramp Network authorised by Central Bank

The Central Bank has authorised a new crypto provider - Ramp Swaps
The Central Bank has authorised a new crypto provider - Ramp Swaps

Ramp Swaps, trading as Ramp Network, has become the latest crypto provider to receive Central Bank authorisation.

The company has been authorised as a Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR).

MiCAR authorisation functions as a regulatory passport for all 27 EU member states.

Ramp Network said with this approval, it can now provide its on- and off-ramp services across the entire European Union under a single harmonised licence.

The company's core activities facilitate conversion between fiat currencies and digital assets under consistent EU regulatory supervision.

"MiCAR gives Europe a clear and unified framework for building trustworthy crypto services," said Przemek Kowalczyk, CEO of Ramp Network.

"For us, this authorisation is more than a licence; it's a commitment to making on-chain value work in everyday life," he said.

"This approval represents a level up and confirms that our standards, controls, and infrastructure meet Europe's expectations," Mr Kowalczyk added