Kraken Launches Crypto Services Across 30 EEA Countries Under MiCA License

Kraken has officially launched its services across all 30 countries in the European Economic Area under its Markets in Crypto-Assets Regulation license. It allows Kraken to offer crypto services to millions of customers across Europe within a unified regulatory framework.

Other crypto exchanges such as Coinbase and Bybit have also secured MiCA licenses, enabling them to operate across the EEA under the new rules. Crypto.com has received an in-principle MiCA license, indicating preliminary approval subject to final confirmation.

Regulatory Authorization and Compliance

Kraken’s MiCA-regulated entity is authorized by the Central Bank of Ireland. It now serves all EEA clients directly. The activation of this license completes Kraken’s regulatory compliance under MiCA, which sets consistent rules for crypto-asset service providers in the EU.

Services Available to EEA Clients

With this framework, Kraken’s EEA clients can access regulated services that are passported across member countries. The platform currently supports over 450 digital assets, with plans to add more. Users also benefit from simplified onboarding and support for local payment methods. Kraken offers institutional-grade trading services, including over-the-counter options.

Kraken is now MiCA licensed ✅Greenlit by the Central Bank of Ireland, we're cleared to operate across all 30 EEA states.License secured. EU expansion unlocked.Let’s build 🇪🇺 ⤵️ https://t.co/nrYYVmJueU pic.twitter.com/IV6Bz1wHeJ

You may find it interesting at FinanceMagnates.com: Coinbase Announces EU MiCA License From Luxembourg Regulator.

Additional Regulatory Licenses in Europe

This development adds to Kraken’s existing regulatory licenses in Europe. The company holds a Markets in Financial Instruments Directive license, which permits regulated derivatives trading for advanced users in EU markets. Kraken also has an Electronic Money Institution license, allowing it to provide fiat currency services and payment solutions throughout the region.

Kraken Seeks $500M Funding, IPO

Kraken is seeking $500 million in funding at a $15 billion valuation, up from $11 billion in 2022, according to sources. The company is preparing for a potential IPO in early 2026. Kraken reported $1.5 billion in revenue last year and processes approximately $1.37 billion in daily trading volume. The fundraising occurs amid changes in the regulatory landscape.