Kraken Becomes Latest to Win a License Under Europe’s New Rules Enabling to Operate across 27 EU States

Key points:

• Approval from Ireland's central bank gives Kraken the ability to operate across 27 EU states as it races to catch up to rival Coinbase.
• The license allows Kraken to operate under MiCA across the EU.
• It follows Coinbase's own approval in Luxembourg last week.
• MiCA came into full force at the end of last year, establishing clearer rules for the industry across the region.