On June 25, Kraken made a splash by landing a shiny new license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) from the Central Bank of Ireland (CBI). And trust me, this isn’t just a regular crypto update. This move allows Kraken to offer its regulated services across all 30 countries in the European Economic Area (EEA), giving it a serious boost in scaling up its operations. That’s a lot of room for growth!
Kraken is now MiCA licensed ✅
— Kraken Exchange (@krakenfx) June 25, 2025
Greenlit by the Central Bank of Ireland, we're cleared to operate across all 30 EEA states.
License secured. EU expansion unlocked.
Let’s build 🇪🇺 ⤵️ https://t.co/nrYYVmJueU pic.twitter.com/IV6Bz1wHeJ
A Strong Commitment to Innovation and Trust
“Getting this license from the Central Bank of Ireland isn’t just about dotting the regulatory i’s and crossing the t’s,” said Arjun Sethi, Kraken’s co-CEO. “It sends a pretty loud message that we’re here for the long haul, driving responsible innovation in the crypto world.”
Yeah, you can say it’s all about business, but it's also about setting the bar high.
Now, Kraken isn’t a newbie when it comes to crypto in Europe. They’ve been registered as a Virtual Asset Service Provider (VASP) in countries like Ireland, Belgium, France, Italy, the Netherlands, Poland, and Spain. They even launched the first BTC/EUR trading pair way back in 2013, and have been making their mark on euro-denominated markets ever since.
But the fun doesn’t stop there. Sethi proudly notes:
“Being the first major global platform to get the thumbs up from the CBI just proves our commitment to building something solid. We believe in earning trust, not just hoping for it. This license is proof of that hard work and effort, and it’s going to help us expand our product offerings, serve our clients better, and build a stronger crypto ecosystem across the EU.”
How’s that for confidence?
Thanks to this shiny new MiCA license, Kraken is now set to offer fully regulated bitcoin and crypto services across the entire EU. Whether it’s spot trading, derivatives, or payments, they’re ready to hit the ground running with full regulatory compliance.
Sethi added:
“We’re incredibly grateful to the Central Bank of Ireland for their professionalism, and to the Irish Government and IDA for their ongoing support. This collaboration is a model of what happens when public and private sectors team up to push for a more secure, innovative financial future for Europe. And we’re proud to be at the forefront of that.”
So, what’s next for Kraken? Well, with these licenses in hand, the sky’s the limit as they look to expand their influence across Europe. Keep an eye on this one!
Roman Zaika
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