Crypto exchange Kraken has officially received its Markets in Crypto-Assets (MiCA) licence from the Central Bank of Ireland, making it one of the first major platforms to gain full approval under the European Union’s new digital asset framework. This licence allows Kraken to offer its services across all 30 countries in the European Economic Area from a single regulatory base. Source: Shutterstock The approval represents a turning point not just for Kraken but for how crypto companies will operate across Europe going forward. Instead of dealing with a patchwork of national rules, the exchange now gets a single, unified path forward. What This Means for Kraken’s Business in Europe With the licence in hand, Kraken can now offer a wide range of services to both individual and institutional clients across the region. That includes crypto trading, custody, payment services, portfolio management, and derivatives. The licence also allows the firm to issue stablecoins, provided they meet MiCA requirements. Kraken is now MiCA licensed 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 — Kraken Exchange (@krakenfx) June 25, 2025 Until now, Kraken had been operating under several local registrations in countries like France, Italy, and Spain. Those arrangements worked but came with limitations. MiCA was designed to solve that, and Kraken’s Irish licence is the first real test of how well that system works in practice. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in June2025 Ireland’s Role as a Crypto Gateway Ireland was not chosen at random. Kraken already operates an electronic money business there, which gives it the ability to offer euro payment services and fiat on-ramps. The country has a strong fintech presence and a reputation for consistent, transparent regulation. That combination made it a natural home base for Kraken’s broader European operations. BitcoinPriceMarket CapBTC$2.13T24h7d30d1yAll time The Central Bank of Ireland has been careful about who it approves, and this licence came only after what Kraken described as an in-depth review. With this milestone, Ireland joins the shortlist of countries positioning themselves as key crypto hubs under MiCA, alongside places like Luxembourg, France, and Malta. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 MiCA Is Reshaping the Crypto Map The MiCA framework went fully live in December 2024 and aims to provide Europe with a single rulebook for digital asset companies. Before that, crypto businesses had to navigate a mix of national laws that often overlapped or conflicted. Now, once a company gains approval in one country, it can operate throughout the EU without repeating the same process again and again. That is a big step forward for companies like Kraken, which are trying to scale their services across borders. MiCA also sets out rules for consumer protection, reserve requirements for stablecoins, and transparency for asset custody. The goal is to bring crypto closer to the standards seen in traditional finance, while still leaving space for innovation. What Comes Next Kraken’s MiCA licence opens the door to bigger moves in Europe. The company expects to expand its product lineup, roll out new services in more countries. It may also bring more institutions onto its platform. It is also setting a precedent. With several other exchanges applying for licences under the same framework, Kraken’s approval could help define how future applications are handled. For now, the message is clear: MiCA is no longer just policy on paper; it is the rulebook the industry is starting to follow. DISCOVER: 20+ Next Crypto to Explode in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways
Bitcoin Magazine
Kraken Secures MiCA License To Offer Bitcoin And Crypto In Europe
Today, Kraken has announced it has secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) from the Central Bank of Ireland (CBI).
Kraken is now MiCA licensed
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— Kraken Exchange (@krakenfx) June 25, 2025
The license allows Kraken to expand its regulated services across all 30 European Economic Area (EEA) member states, allowing them to scale faster across the region.
“Securing a license from the Central Bank of Ireland, with its long heritage and experience as a rigorous financial regulator, isn’t just about compliance. It’s a powerful signal of Kraken’s commitment to expanding the crypto ecosystem through responsible innovation,” said the co-CEO of Kraken Arjun Sethi.
Kraken holds Virtual Asset Service Provider (VASP) registrations in several European countries, including Ireland, Belgium, France, Italy, the Netherlands, Poland, and Spain. It launched the first BTC/EUR trading pair in 2013 and has since maintained a significant presence in euro-denominated bitcoin and crypto markets.
“Being the first major global crypto platform to receive authorization from the CBI affirms Kraken’s commitment to building for the long term,” stated Sethi. “We believe trust is the most valuable currency in crypto, and it’s something you earn. Over the past several years, our team has worked tirelessly to meet the CBI’s gold standard regulatory expectations. This license reflects that effort and places us in a strong position to expand our product offering, grow our institutional and retail client base and deliver secure, accessible and fully regulated crypto services to millions more people across the EU.”
Kraken can now offer fully regulated bitcoin and crypto services EU-wide. These licenses open opportunities in spot trading, derivatives, and payments, reinforcing Kraken’s long-term commitment to transparency, and regulatory alignment.
“We’re deeply grateful to the Central Bank of Ireland for its professionalism, and to the Irish Government and IDA for their consistent support,” said Sethi. “This collaboration is a blueprint for how public and private sectors can work together to build a more secure, innovative financial future for Europe, and we’re proud to be leading the way.”
This post Kraken Secures MiCA License To Offer Bitcoin And Crypto In Europe first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.