Kraken Obtains Money License Registrations in Spain and Ireland, According to Cointelegraph

Cryptocurrency exchange Kraken has obtained an Electronic Money Institution (EMI) license from the Central Bank of Ireland, along with a virtual asset service provider (VASP) registration from the Bank of Spain.

In a recent announcement dated September 26, the EMI license allows Kraken to broaden its euro-to-crypto trading services across 27 member states of the European Union and countries within the European Economic Area. Additionally, the VASP registration in Spain permits Kraken to provide exchange and wallet custodial services for Spanish users. The exchange is also registered as a VASP in both Italy and Ireland.