Kraken Gains MiCA Licence from Ireland as Euro-Denominated Crypto Trading Doubles — TradingView News

Kraken has become the first cryptocurrency exchange to receive a Markets in Crypto-Assets Regulation (MiCA) licence from the Central Bank of Ireland. Its European presence has strengthened following a sharp rise in euro-denominated spot trading, which now accounts for 17.5 per cent of its total volume.

The Rush to Gain a MiCA Licence

“Being the first major global crypto platform to receive authorisation from the CBI affirms Kraken’s commitment to building for the long term,” said Arjun Sethi, co-CEO of Kraken.

“Over the past several years, our team has worked tirelessly to meet the CBI’s gold-standard regulatory expectations.”

Kraken is among several exchanges to receive a MiCA licence after the European bloc made the…

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