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Ethereum
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$3,158.98 0.93673
Ethereum price
BNB
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$530.07 -0.32403
BNB price
Solana
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$139.86 0.94583
Solana price
XRP
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$0.5490350 17.47173
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Shiba Inu
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$0.0000172 5.07764
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Pepe
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$0.0000087 -0.98435
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Bonk
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$0.0000223 -0.27736
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Bitcoin
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$58,658.00 1.39165
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Ethereum
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$3,158.98 0.93673
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BNB
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Solana
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XRP
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Shiba Inu
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$0.0000172 5.07764
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Pepe
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Bitcoin
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$58,658.00 1.39165
Bitcoin price
Ethereum
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$3,158.98 0.93673
Ethereum price
BNB
BNB (BNB)
$530.07 -0.32403
BNB price
Solana
Solana (SOL)
$139.86 0.94583
Solana price
XRP
XRP (XRP)
$0.5490350 17.47173
XRP price
Shiba Inu
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$0.0000172 5.07764
Shiba Inu price
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Kraken obtains Dutch license, expands crypto services in Europe

kraken-dutch-license-crypto-europe
Edited by
News
Kraken obtains Dutch license, expands crypto services in Europe

Cryptocurrency exchange Kraken has recently been licensed to operate in the Netherlands.

Obtaining the provider license is a step in Kraken’s plan to broaden its European footprint. Kraken acquired Dutch crypto broker BCM last October, and now, with a virtual asset service provider (VASP) registration from the Dutch Central Bank, it’s set to grow in the Dutch market.

“With the addition of the Dutch VASP registration, our European growth strategy continues to accelerate,” said Brian Gahan, Kraken’s Managing Director of Europe. “We see a lot of opportunity to introduce our offering to retail clients and professional traders in the Netherlands and across Europe.”

The Netherlands offers a promising market for Kraken, with about 20% of its citizens owning cryptocurrency. Kraken’s move aligns with its goal to tap into Europe’s high fintech adoption rates.

Despite facing a lawsuit from the U.S. Securities and Exchange Commission for allegedly operating without proper registration, Kraken has maintained that the lawsuit has not impacted its business operations.