26 Jun
26Jun

Kraken, one of the world’s leading cryptocurrency exchanges, has officially obtained a Markets in Crypto-Assets (MiCA) license from the Central Bank of Ireland. This regulatory green light paves the way for Kraken to offer fully compliant crypto services across all 30 European Economic Area (EEA) member states starting June 2025.

A Milestone in European Crypto Regulation

The license represents a significant step for Kraken’s European ambitions, reinforcing its commitment to regulatory compliance and institutional trust. It follows Kraken’s prior approvals as an Electronic Money Institution (EMI) and investment firm under MiFID, positioning the company as one of the most comprehensively licensed crypto platforms in Europe.

With the MiCA license in hand, Kraken can now legally offer cryptocurrency trading—including assets like Bitcoin and Ethereum—across the entire EU in a unified and secure regulatory environment. This expansion is expected to boost both retail and institutional engagement, drive liquidity, and enhance Kraken’s market presence in the region.

Kraken’s Co-CEO Highlights Trust and Innovation

Arjun Sethi, Co-CEO of Kraken, called the achievement a reflection of the company’s dedication to long-term trust and regulatory integrity:

“We believe trust is the most valuable currency in crypto, and it’s something you earn. Over the past several years, our team has worked tirelessly to meet the Central Bank of Ireland’s gold standard regulatory expectations.”

Sethi also stressed that alignment with MiCA strengthens Kraken’s ability to serve clients securely and transparently throughout the EU.

Competitive Edge in a Shifting Landscape

Kraken now joins a short list of major exchanges—including Coinbase and OKX—that have received MiCA approvals. This signals a broader industry shift toward regulatory alignment and structured growth within Europe’s digital asset market.

The license not only enhances Kraken’s access to the continent’s crypto economy but is also expected to drive institutional interest and support the development of deeper, more liquid markets.

Conclusion: Trust, Compliance, and Expansion

Kraken’s MiCA license marks a turning point in its global expansion strategy, aligning regulatory compliance with innovation. As EU crypto regulations come into full effect, Kraken is now well-positioned to serve a broader user base while contributing to the maturing digital asset ecosystem in Europe.

June 2025, Cryptoniteuae

Comments
* The email will not be published on the website.