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Kanga secures Latvia MiCA crypto licence

Kanga secures Latvia MiCA crypto licence

  • Kanga has received a Class 3 MiCA licence in Latvia, allowing the exchange to offer regulated crypto services across the European Union.
  • The approval comes as Poland has yet to implement MiCA legislation ahead of the European Union’s 1 July transition deadline.
  • The licence allows Kanga to provide crypto custody, trading and transfer services throughout the EU under MiCA’s cross-border framework.

Kanga Exchange EU, operated by SIA AlphaRoute, has received a Class 3 Markets in Crypto-Assets (MiCA) licence from the Bank of Latvia, allowing the Poland-founded cryptocurrency exchange to provide regulated services across the European Union.

The licence, granted on 18 June, authorises Kanga to offer cryptocurrency custody, trading and transfer…

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