Central Bank of Ireland approval adds payment institution status to existing MiCA licence, positioning the firm to operate across the EU under passporting rules.
Crypto payments provider Confirmo has received authorisation as a payment institution from the Central Bank of Ireland, adding a second regulatory approval to its European operations ahead of key changes under the EU’s digital asset framework.
The company said its Irish entity, Confirmo Limited, has been authorised under the Payment Services Regulations 2018 (PSR), allowing it to execute payment transactions as a regulated payment institution.
The approval enables Confirmo to process stablecoin payments within a formal payments framework.
The latest authorisation builds on Confirmo’s earlier approval under the Markets in Crypto-Assets Regulation (MiCA), where it was granted Crypto-Asset Service Provider (CASP) status by the same regulator in December 2025. Together, the two licences provide what the company describes as a dual regulatory footing for its European business.
Confirmo stated that its Irish entity will act as the operational hub for its activities across the European Economic Area. Under passporting rules, firms authorised in one EU member state can offer services across the bloc, allowing Confirmo to provide both crypto-asset and payment services across all 27 EU countries from Ireland.
Anna Štrébl, CEO of Confirmo Group, said the dual authorisation marks “the next chapter” for the company after more than a decade building crypto payments infrastructure. She added that the regulatory approvals come at a time when the European market is approaching a key compliance deadline, which will distinguish between licensed and unlicensed providers.
Derek Corcoran, CEO of Confirmo Limited in Ireland, said the firm welcomed the Central Bank of Ireland’s approach to digital finance regulation. He noted that combining stablecoin infrastructure with established payment frameworks allows businesses to process transactions with greater regulatory clarity.
“Stablecoins combine the relative stability of traditional currencies with the speed and security of blockchain networks – and as the MiCA compliance deadline approaches, having the right regulatory foundations in place is becoming increasingly critical,” he said.
The development comes ahead of the 1 July 2026 deadline linked to MiCA’s transitional arrangements. Under the framework, firms that have been operating under national regimes are required to obtain full authorisation to continue offering services across the EU once the transitional period ends.
MiCA, which came into force in 2024, is designed to introduce a harmonised regulatory regime for crypto-assets across the European Union. It sets out licensing requirements for service providers, alongside rules covering consumer protection, market integrity and operational resilience.
Alongside MiCA, firms handling payment execution must also comply with existing European payments legislation, including the Payment Services Regulations, which govern how payment institutions operate and are supervised.
Confirmo said its platform supports the sending, receiving and settlement of payments in major stablecoins across multiple blockchain networks, alongside fiat conversion and reporting tools for businesses.
The company positioned its dual authorisation as part of a broader shift towards regulated stablecoin infrastructure in Europe, as firms prepare for the end of MiCA’s grandfathering period and the transition to a fully licensed market.
