Overview
- The Central Bank of Ireland authorized Push Virtual Assets Ireland Limited, an Aave Labs subsidiary, under the EU’s MiCAR/CASP regime.
- Push can operate regulated on‑ and off‑ramps across roughly 30 EEA countries, launching with zero conversion fees that Aave has not confirmed as permanent.
- The service supports Aave’s over‑collateralized stablecoin GHO alongside other integrated stablecoins within the Aave ecosystem.
- Aave says the license covers only the regulated Push entity, while the Aave Protocol continues to run as a decentralized system on public blockchains.
- Ireland becomes Aave’s European regulatory base as Push targets lower‑friction fiat access, consumer safeguards under MiCAR, and reduced reliance on centralized exchanges.