Kraken has achieved a key regulatory milestone by obtaining a Markets in Crypto-Assets (MiCA) license from the Central Bank of Ireland, significantly enhancing its ability to serve clients across the European Economic Area (EEA).
The license allows Kraken to offer compliant crypto asset services in all 30 EEA jurisdictions, reinforcing its position as a regulated player in Europe. The exchange already maintains VASP registrations in multiple EU nations, including Belgium, Poland, and the Netherlands.
Arjun Sethi, Kraken’s co-CEO, highlighted that the approval supports the company’s strategy to broaden its institutional and retail offerings while adhering to the EU’s stringent regulatory framework.
MiCA, now fully in force, provides a harmonized regulatory approach to crypto across the EU.
