Kraken Secures MiCA License from Central Bank of Ireland – Coincu

Kraken has acquired a MiCA license from the Central Bank of Ireland, allowing it to provide compliant crypto services across 30 EU states as of June 26, 2025.

This advancement signifies Kraken’s strategic push into the European market, enhancing trust and regulatory alignment.

Kraken’s MiCA License: A Strategic EU Expansion

In a noteworthy expansion move, Kraken secured a MiCA license from Ireland’s Central Bank, enabling regulated offerings like spot trading and derivatives across the EU. Arjun Sethi, Kraken’s co-CEO, stated the approval reflects their dedication to regulatory compliance.

Securing the MiCA license permits Kraken to broaden its services, targeting both institutional and retail clients across the European Economic Area. This shift bolsters Kraken’s market penetration, especially in trading pairs involving the euro.

“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 Central Bank of Ireland’s gold standard regulatory expectations.”
— Arjun Sethi, co-CEO, Kraken

Regulatory Achievements Boost Crypto Market Stability

Did you know? Kraken’s acquisition of the MiCA license aligns it with several key competitors like Coinbase and Bybit, who are also navigating towards compliance under the EU’s MiCA regulations, effective since 2024.

Bitcoin (BTC) currently holds a price of $107,446.11, with a market cap of $2.14 trillion, reflecting a 1.35% increase in the past 24 hours, according to CoinMarketCap. Trading volume reached $51.75 billion, rising 7.27%. Recent trends show BTC’s price climbed 23.03% over the past 90 days.

The Coincu research team suggests that Kraken’s regulatory progress may enhance sector stability, fostering both customer confidence and increased trading volumes in the EU. Analyses of historical trends underscore a maturing relationship between crypto markets and regulatory progress.