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

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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.