Kraken, the second-largest crypto exchange in the U.S. by trading volume, is in talks with regulators in several countries in Europe, seeking to obtain a license to enter the European market by the end of 2021.
As explained by a Kraken spokesperson, the exchange is formally present in Europe, however, it currently offers access to its European clients via an entity that is registered with the UK’s Financial Conduct Authority (FCA).
While Kraken claims to comply with the EU’s Fifth Anti-Money Laundering Directive (5AMLD) applicable requirements, Great Britain’s departure from the European Union means the crypto exchange has had to start looking for new options to re-enter the continent.
“As a regulation-compliant exchange that operates in nearly 190 jurisdictions around the world, Kraken maintains proactive and constructive dialogues with regulators across the fast-maturing European crypto regulatory landscape,” the spokesperson for told Decrypt, adding that the company intends “to re
Źródło: https://decrypt.co/79322/crypto-exchange-kraken-hunting-new-eu-license-brexit
