Cryptocurrency Exchange Kraken was granted a license to work in the Republic of Ireland under the European Union’s Markets in Crypto Assets (Mica) regulation.
Kraken will now offer (Eea)It allows it to measure its business faster throughout the region, The exchange said on Wednesday.
“This license puts us in a strong position to expand our product offer, grow our institutional and retail client base and deliver the safe, accessible and fully controlled crypto services to millions of more people throughout EU,” Kruken’s co-CEO Arun Sethi said.
Obtaining a MICA license provides extra certainty that an exchange meets the standards throughout the EU with consumer protections, transparency and oversight, Kraken added.
The world -largest crypto exchange worldwide trading Join a number of its peers over winning MICA licenses in recent months. Coinbase won approved in luxembourg Earlier this month, while Bybit did this to Austria in May.
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