According to Foresight News, citing The Fintech Times, digital payment platform Wirex has decided to establish its European crypto business in Italy, with the company registering as a Virtual Asset Service Provider (VASP) with the Italian regulatory authority (Organismo Agenti e Mediatori, or OAM). Currently, the company is applying for a MiCA license.
As part of this strategic initiative, Wirex has appointed two new executives in Italy. These include Alessandro Bruno-Bossio as the Regional Managing Director and Chief Customer Strategy & Retention Officer, and Francesco Marotta as the new non-executive Legal Director of Wirex.
