Kraken Crypto Exchange Secures MiCA License from Ireland’s Central Bank ⋆ ZyCrypto
The post Kraken Crypto Exchange Secures MiCA License from Ireland’s Central Bank ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement     Kraken, a crypto exchange, has entered the European market by securing a regulatory license from the European Union’s Markets in Crypto Assets (MiCA) regulatory framework. The Central Bank of Ireland issued the MiCA license, which grants Kraken access to 27 EU member states. Kraken commented on the development by saying that the exchange was committed to delivering responsible innovation, alluding to the fact that regulatory standards are often difficult to balance alongside cutting-edge technological advancements. Crypto businesses often struggle with the strict requirements of the MiCA framework. Kraken has accomplished something that could have long-term benefits for the exchange. Kraken, meanwhile, considers the milestone a considerable feat, citing the Central Bank of Ireland as a credible source for making such a decision. Kraken now wants to focus its efforts on building European services for institutional and retail clients. Kraken announced its MiCA registration on its company website, labelling the news as a significant milestone in its European expansion. The announcement mentioned that this was the first time the Central Bank of Ireland approved a major crypto exchange. The MiCAR registration grants Kraken access to 30 European Economic Area member states, including the 27 member states of the EU. Kraken already has Virtual Asset Service Provider (VASP) licenses with various EU states. The exchange can add these extra provisions to its new MiCAR permissions. Kraken is a suitable exchange for the European market because it was the first exchange to mediate BTC-EUR trading pairs in 2013. The MiCAR registration will provide added protections for crypto consumers, which may contribute to accelerating crypto adoption. The MiCAR license is just another registration for Kraken, adding to previous permits obtained by the exchange. Kraken obtained an Electronic Money Institution (EMI) license in March 2025. Kraken further obtained a Markets in…
The post Kraken Crypto Exchange Secures MiCA License from Ireland’s Central Bank ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement Kraken, a crypto exchange, has entered the European market by securing a regulatory license from the European Union’s Markets in Crypto Assets (MiCA) regulatory framework. The Central Bank of Ireland issued the MiCA license, which grants Kraken access to 27 EU member states. Kraken commented on the development by saying that the exchange was committed to delivering responsible innovation, alluding to the fact that regulatory standards are often difficult to balance alongside cutting-edge technological advancements. Crypto businesses often struggle with the strict requirements of the MiCA framework. Kraken has accomplished something that could have long-term benefits for the exchange. Kraken, meanwhile, considers the milestone a considerable feat, citing the Central Bank of Ireland as a credible source for making such a decision. Kraken now wants to focus its efforts on building European services for institutional and retail clients. Kraken announced its MiCA registration on its company website, labelling the news as a significant milestone in its European expansion. The announcement mentioned that this was the first time the Central Bank of Ireland approved a major crypto exchange. The MiCAR registration grants Kraken access to 30 European Economic Area member states, including the 27 member states of the EU. Kraken already has Virtual Asset Service Provider (VASP) licenses with various EU states. The exchange can add these extra provisions to its new MiCAR permissions. Kraken is a suitable exchange for the European market because it was the first exchange to mediate BTC-EUR trading pairs in 2013. The MiCAR registration will provide added protections for crypto consumers, which may contribute to accelerating crypto adoption. The MiCAR license is just another registration for Kraken, adding to previous permits obtained by the exchange. Kraken obtained an Electronic Money Institution (EMI) license in March 2025. Kraken further obtained a Markets in…
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