Kraken receives key regulatory approval from the Bank of Ireland ahead of EU vote.
European Parliament is set to vote on the Markets in Crypto Assets (MiCA) regulation.
Kraken’s registration in Ireland will enable it to operate in the entire EU.
As the EU prepares for sweeping crypto regulation, Kraken is in the clear. The exchange has stepped over a major regulatory hurdle in Ireland.
On Tuesday, April 18, Kraken announced registering its subsidiary, Payward Europe Solutions Limited, with the Central Bank of Ireland as a Virtual Asset Service Provider (VASP).
The authorization comes in the same week that the EU is voting on a landmark piece of crypto regulation that will significantly impact crypto exchanges.
Sweeping EU Regulation On Exchanges
The European Parliament is voting on the Markets in...