Kraken issued crypto licence in Ireland
Crypto exchange Kraken has become the first company to be awarded a Markets in Crypto Assets (Mica) licence from Ireland’s central bank.
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The “huge milestone” gives US-based Kraken the regulatory authority to operate across the EU and in any of the 30 markets that make up the European Economic Area.
The crypto exchnage already has a virtual asset service provider licence in Ireland as well as a number of other EU states including Belgium, France, Italy and the Netherlands.
But, according to Kraken, the MiCA licence will enable it to expand its product offering to include spot trading,…