Kraken has announced it has obtained a license under the EU's Markets in Crypto-Assets Regulation from the Central Bank of Ireland. This license enables Kraken to provide regulated services across all 30 European Economic Area member states, enhancing its growth potential in the region. Co-CEO Arjun Sethi highlighted that this achievement signifies Kraken's commitment to responsible innovation in the crypto ecosystem. With VASP registrations in multiple EU countries, Kraken aims to build trust and expand its offerings in regulated bitcoin and crypto services, thereby serving a larger client base across the EU.
Securing a license from the Central Bank of Ireland, with its long heritage and experience as a rigorous financial regulator, isn't just about compliance.
Being the first major global crypto platform to receive authorization from the CBI affirms Kraken's commitment to building for the long term.
#kraken #european-union #crypto-assets-regulation #central-bank-of-ireland #virtual-asset-service-provider
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