Kraken has obtained a MiCA license to operate across the European Economic Area
🐙 MiCA License for Operations in the European Economic Area
Kraken has obtained the right to provide regulated crypto services across all 30 countries of the European Economic Area under a MiCA license issued by the Central Bank of Ireland.
The license will allow the exchange to offer a broader range of fully regulated products, including trading, derivatives, and payment solutions.
🇪🇺 The MiCA approval follows Kraken’s earlier MiFID (Markets in Financial Instruments Directive) license, granted through its Cyprus-regulated entity in February.
With this, Kraken joins the ranks of Coinbase, Bitstamp, and Crypto.com, which have secured similar approvals in jurisdictions such as Luxembourg and Malta.
🏦 In March, Kraken also received an e-money issuer license from the UK’s Financial Conduct Authority (FCA), enabling partnerships with traditional banks and expanding financial services for users in the region.
MiCA requires crypto exchanges and platforms to obtain regulatory approval and comply with unified standards to operate within the EEA.
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