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…