Where and how is akt.io regulated?

Automata is engaged in a Tied Agent agreement with a regulated payment service provider in the UK and Ireland. This enables us to provide payment services in the UK and throughout Europe. We have submitted our application to the Central Bank of Ireland (CBI) for our Virtual Asset Service Provider (VASP) registration. Our application has passed the first stage and is currently in the second stage of evaluation. In line with CBI guidelines, while the application is under review, we are permitted to offer crypto services while our application is being assessed. Our well-resourced, experienced compliance team is working closely with CBI to ensure our VASP registration is finalized as soon as possible. The team has past experience obtaining such licenses from CBI and other regulatory bodies. We are also in the process of registering as a VASP with regulators in the UK, France and Germany and are in the process of applying for Investment and Payment licenses in both the UK and Ireland.