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The exchange of cryptocurrency Kraken was awarded a license to operate in the Republic of Ireland on the European Union markets in Krypto Property (Mica) ordinance.
Kraken will now be able to offer crypto services in 30 countries in the European Economic Area (EEA)allowing him to scalance his business much faster throughout the region, The exchange said on Wednesday.
“This license puts us in a strong position to expand our product range, develop our institutional and retail client base and provide secure, accessible and fully regulated crypto services to millions of other people across the EU,” said Kraken’s CEO Arun Sethi.
The obtaining of the SICA license provides additional assurance that the stock exchange meets year -round EU standards concerning consumer protection, transparency and supervision, Kraken added.
The sixth largest crypto exchange in the world volume He joined a number of his peers in the victory in the Licens of Moles in recent months. Coinbase gained approval in Luxembourg the beginning of this month while Byit did so in Austria in May.
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