Crypto exchange Kraken has officially secured a MiCA license from the Central Bank of Ireland, allowing it to expand its regulated services across all 30 member states of the European Economic Area (EEA).
This is a significant step in the development of Kraken because the EU is implementing the Markets in Crypto-Assets (MiCA) framework that will provide regulatory clarity and consistency to the crypto environment. This license will enable Kraken to provide digital asset services to European users on a single regulatory framework.
The most recent license granted to Kraken is in addition to the previous licensing, a Markets in Financial Instruments Directive (MiFID) license in February and an Electronic Money Institution (EMI) license in 2023.
“We believe trust is the most valuable currency in crypto, and it’s something you earn,” said Kraken co-CEO Arjun Sethi, noting the team’s effort in meeting Ireland’s strict regulatory standards.
Kraken joins other major exchanges like Coinbase, OKX, Crypto.com, and Bybit, which have also pursued MiCA compliance in 2025. Gemini is reportedly aiming for MiCA approval via Malta.
Not everyone is onboard, though. Tether has decided not to register USDT under MiCA, leading to some exchanges delisting the stablecoin.
Kraken’s announcement comes shortly after it moved its global headquarters to Wyoming, USA, praising the state’s pro-crypto stance. Meanwhile, in March, the U.S. SEC dropped a civil lawsuit accusing Kraken of running an unregistered exchange.
With regulatory clarity growing in both the U.S. and EU, Kraken continues to solidify its position as a global crypto leader.
Also Read: Coinbase Secures EU Access with Luxembourg MiCA License
