Company Also Obtained a Registration as Virtual Asset Service Provider in Spain
SAN FRANCISCO–(BUSINESS WIRE)–Kraken, one of the world’s longest-standing and most secure crypto platforms, today announced it has received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, Kraken has also successfully registered with the Bank of Spain as a Virtual Asset Service Provider (VASP). These authorizations highlight Kraken’s ongoing commitment to growing its European business.
The EMI license, granted to Kraken’s subsidiary in Ireland, enables Kraken to expand its EUR fiat services in partnership with European banks. This extends to clients in the 27 European Union (EU) member states and European Economic Area (EEA) countries – a key growth region for the company.
In Spain, Kraken’s new VASP registration allows it to offer cryptocurrency exchange and custodial wallet services to Spanish residents. It follows recent VASP registrations in
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