Crypto Exchange Kraken Secures MiCA License In Ireland

The exchange of cryptocurrency Kraken announced that it can now expand its offers and across the Member States of the European Union after securing a license in the markets within the crypto-acts (SIDA).

On Wednesday, Kraken said She received a SECA license from the Irish central bank, allowing the stock exchange to offer regulated services to the inhabitants in 30 Member States of the European Economic Area. Approval Followed by Kraken Security Licenses for markets in the financial instrument directive (MIFID) in February and Electronic Money Institution (EMI) in 2023.

“We believe that trust is the most valuable currency in the crypt and is something you earn. Over the past few years our team has worked tirelessly to meet with [Central Bank of Ireland]”Gold standard regulatory expectations,” said co-general director Arjun Sethi.

Other cryptocurrencies, which seek to expand their regulated services to the EU region, were probably looking for the approval of the mica. Coinbase, OKX, Crypto.com and Bybits all announced the licenses of the mica in 2025, with Gemini allegedly on the track for approval in Malta.

Related: Despite Trump’s support, Crypto chooses mica over America: Paybis

The Mica, which began in force in 2024 after in -depth discussions and debates from the EU -creators, was designed to set a regulatory consistency throughout the region for digital assets.

But there are all crypts on board. Stablecoin Imitent Tether said that Will not enforce the registration of the mica for his USDT (USDT) Stablecoin, which leads to some exchanges that eliminated the token.

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We play catching up on regulations

The announcement of Kraken’s mica came about a week after the exchange moved his global residence Wyoming in “Recognition of pro-crepo-creators of creators and constructive regulations”.

With a large part of their operations, which is still in the US, Kraken is subject to US laws that are currently considered to be the establishment of a digital active market structure in Congress and provides regulatory instructions for payment stablecoins.

In March released a civil court Against the exchange filed in 2023, the claim that Kraken was an unregistered stock exchange, broker, seller and cleaning agency.

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