You Won’t Believe Which Sea Monster Just Snuck Into Europe’s Crypto Party! 🦑💸

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If you happened to stroll through Dublin this week and heard a faint sploshing sound, don’t fret—it wasn’t a leprechaun in galoshes, just Kraken, the great big beastie of crypto exchanges, swinging open the door to the glamorous basement of Europe’s cryptocurrency casino! 🦑✨

That’s right: with a flourish only a digital sea monster could manage, Kraken bagged itself a MiCA license from the Central Bank of Ireland. Now it can legally pop up in all 30 corners of the European Economic Area, offering its digital delights and possibly frightening a few unsuspecting bureaucrats along the way. 🇪🇺

Kraken is now MiCA licensed ✅

Given the green light by Ireland’s finest number crunchers, it gets to gobble up clients from Portugal to Poland. License acquired. Door to EU thrown wide open (with a slightly worrying creak).

Let’s build 🇪🇺 ⤵️

— Kraken Exchange (@krakenfx) June 25, 2025

Let’s not forget, this isn’t Kraken’s first shiny badge. It previously nabbed a MiFID license in February and clutched an EMI license last year. If awards for collecting regulatory knickknacks existed, the Kraken trophy cabinet would be groaning, possibly moaning too. 🏆

“Trust is the most valuable currency in crypto, and it’s something you earn,” declared co-CEO Arjun Sethi, sounding for all the world like he’s just discovered the recipe for Wonka’s everlasting gobstopper.

But Kraken’s not the only big fish here. There’s Coinbase flapping about, OKX wriggling in, and Bybit blowing bubbles too. Gemini is flinging itself towards Malta, because apparently, every monster likes an island holiday.

Of course, there’s always one party pooper. Tether, ever the grumpy goldfish, refused to register its USDt under the MiCA rules; now it’s watching from the bowl as some exchanges flush its stablecoin away. Not every fish fits in this new pond.

Meanwhile, Kraken recently packed its virtual bags and shuffled its headquarters off to Wyoming, where cowboys ride horses and, it seems, love a bit of risky crypto action. The SEC, perhaps tired of chasing tentacles, dropped its lawsuit accusing Kraken of being a mischievous exchange earlier this year.

So with Europe’s doors wide open and American sheriffs waving from the porch, Kraken’s clawing its way up the pecking order of the world’s crypto critters. Batten down the hatches—and hide your biscuit tin. 🌊🍪

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2025-06-26 08:36