Universe Payments is pleased to announce that via its sister company, Universe Technologies Ltd, has gained a Virtual Asset Service Provider (VASP) registration through the National Revenue Agency in Bulgaria.

A VASP registration allows the entity to deal with the transfer, exchange, administration or financial services related to virtual assets and fiat currencies.

Tony Quirke, CEO commented:

“Our mission at Universe Payments is to improve sending funds around the globe – crypto stablecoins underpin that and so our VASP registration is a critical milestone in our quest to reinvigorate the payments sector.”

Universe Technologies Limited services are not regulated by the FCA and are directed and intended for qualifying persons outside the UK only.