B2C2 Obtains Luxembourg VASP Registration, Names Regional Head

B2C2, the leading crypto liquidity provider servicing institutional clients globally, announced that it has become the 12th Virtual Asset Service Provider (VASP) registered with the Commission de Surveillance du Secteur Financier's (CSSF) in Luxembourg.

According to B2C2, the Luxembourg team will be led by Denzel Walters, Business Manager in B2C2's London office. With a background in prestigious institutions including the Prudential Regulatory Authority, the Bank of England, CVC Capital Partners, Optima Partners Compliance Advisory, and Community Growth Ventures, Walters's extensive expertise in regulatory affairs and business, along with his proven leadership abilities, will greatly contribute to his new position.

Thomas Restout, CEO at B2C2, commented: "As B2C2 prepares for MiCA regulation to come to force, obtaining VASP registration in Luxembourg is a further milestone for B2C2, as Luxembourg is home to a rapidly expanding virtual asset community. Our new Head of Luxembourg, Denzel Walters, with his regulatory knowledge and proven experience delivering exceptional growth at B2C2 will ensure clients in Luxembourg will receive a seamless operational and trading experience."

Restout assumed the role of CEO​ at the beginning of the year, replacing Nicola White who has departed.

Denzel Walters, Head of Luxembourg at B2C2, stated: "I am excited to lead B2C2's Luxembourg operations and look forward to collaborating with and contributing to the local digital asset ecosystem. In line with our operations in the UK, US and Asia-Pacific, our office in Luxembourg will remain committed to providing unparalleled liquidity and exceptional service to our clients."

In September last year, B2C2 completed the acquisition of Woorton, the European leader in market making and over the counter transactions in the digital asset industry, significantly expanding its presence in Europe. With the newly obtained VASP license in Luxembourg, B2C2 will be able to further consolidate its position in the European crypto market before MiCA comes into effect.