Kraken Expands in Europe With Key Regulatory Approvals
Kraken has taken a major step forward in its European growth. The crypto exchange secured two new regulatory approvals—one in Ireland and another in Spain.
In Ireland, Kraken received authorization as an E-Money Institution (EMI) from the Central Bank. This license lets Kraken enhance its euro-based services across all 27 EU countries and EEA markets.
Spain also approved Kraken’s registration as a Virtual Asset Service Provider (VASP). This move allows the company to legally offer crypto trading and wallet services to Spanish users. It follows similar approvals in Ireland and Italy.
Kraken Eyes Stronger Presence in European Crypto Market
Curtis Ting, Kraken’s Vice President of Global Operations, called this “an important milestone” for the firm’s European expansion strategy. He praised both countries for supporting innovation through clear regulation.
“We see Europe as a foundation for long-term crypto growth,” Ting said. “Ireland and Spain offer supportive environments for building our business.”
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Kraken continues to build its global presence. Over the past year, the company launched a new NFT marketplace, upgraded its Kraken Pro trading platform, and redesigned its consumer website.
“Our focus on EUR liquidity, 24/7 support, and security gives us an edge in Europe,” Ting added. “We’re fully committed to helping more Europeans access crypto securely and confidently.”
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
