Ramp Network Authorised as Crypto-Asset Service Provider Under MiCAR
Ramp Swaps (Ireland) Limited, trading as Ramp Network, a financial technology company connecting the crypto economy with global financial infrastructure, has been authorised as a Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR) by the Central Bank of Ireland (CBI). The approval places Ramp Network among the first companies operating fully under the European Union’s unified regulatory framework for crypto-asset services.
MiCAR authorisation functions as a regulatory passport for all 27 EU member states. With this approval, Ramp Network can now provide its on- and off-ramp services across the entire European Union under a single harmonised licence. The authorisation covers the core activities that enable Ramp Network to facilitate seamless conversion between fiat currencies and digital assets under consistent EU regulatory supervision.
MiCAR is the world’s first fully harmonised regulatory framework for crypto services. It sets standards for governance, operational resilience, transparency, and consumer protection. Ramp Network’s approval confirms that its systems and processes align with these standards and support compliant growth across Europe.
Commitment to Everyday On-Chain Value
“MiCAR gives Europe a clear and unified framework for building trustworthy crypto services. For us, this authorisation is more than a licence; it’s a commitment to making on-chain value work in everyday life. As a company founded in the EU, this is not a new entrance into the market. Europe has always been our home and one of our most important regions. This approval represents a level up and confirms that our standards, controls, and infrastructure meet Europe’s expectations. We’ve spent years building the rails between banks and blockchains, and this milestone brings us closer to giving people a simple, reliable account they can use with confidence across the EU.”
This statement was made by Przemek Kowalczyk, CEO of Ramp Network.
Regulatory Clarity and User Confidence
“MiCAR provides the regulatory clarity the crypto industry has long needed. For people using our product, that means higher standards for how we run things, more checks behind the scenes, and greater confidence that we are doing things the right way for them. This authorisation validates the strength of our governance, risk, and compliance programs, ensuring we operate to the highest standards across Europe. By choosing Ireland as the home for our MiCAR authorisation, we’re also recognizing the country’s emergence as a leading regulatory hub for digital assets in the EU. Under this unified framework, Ramp Network can scale responsibly while giving users and partners confidence in secure, compliant access to digital assets.”
Barry Coffey, CEO of Ramp Swaps (Ireland) Limited, commented on the significance of the MiCAR authorisation.
Strengthening EU Partnerships and Access
With its MiCAR authorisation, Ramp Network is positioned to strengthen partnerships with banks, payment networks, wallets, exchanges, and fintechs across the EU. This allows the company to provide secure and compliant access points between fiat currencies and digital assets for a wider range of services and users.
About Ramp Network
Ramp Network is a financial technology company dedicated to building solutions that bridge the gap between the crypto economy and today’s global financial infrastructure. Through its core on- and off-ramp products, Ramp Network offers businesses and individuals in over 150 countries a streamlined and smooth experience for converting between cryptocurrencies and fiat currencies. Ramp Network boasts full integration with the world’s major payment methods, including debit and credit cards, bank transfers, Apple Pay, Google Pay, and many others.