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Crypto exchange Kraken is trying to become a bank in Europe

Kraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans.

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Crypto exchange Kraken is trying to become a bank in Europe
Kraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans.

Why this matters

Kraken is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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