Newsletter
CoinSharks
  • Bitcoin
  • Ethereum
  • Altcoins
  • Nasdaq
  • NYSE
  • Regulation
  • Shark School
  • Premium Services
No Result
View All Result
  • Bitcoin
  • Ethereum
  • Altcoins
  • Nasdaq
  • NYSE
  • Regulation
  • Shark School
  • Premium Services
No Result
View All Result
CoinSharks
No Result
View All Result
Home News

Ahead of the MiCA vote, Kraken authorized as a virtual asset service provider in Ireland

Tom "The Tiger" by Tom "The Tiger"
April 19, 2023
in News
0
Ahead of the MiCA vote, Kraken authorized as a virtual asset service provider in Ireland
389
SHARES
1.8k
VIEWS
Share on FacebookShare on Twitter

Kraken, a US-based cryptocurrency exchange, has recently received virtual asset service provider (VASP) authorization from the Central Bank of Ireland via its subsidiary, Payward Europe Solutions. This regulatory approval has come at a crucial time as the European Union (EU) is preparing for the final vote on the Markets in Crypto Assets (MiCA) regulation, which will require all companies operating as crypto assets service providers (CASP) in the EU to register with one of the 27 authorized regulators in the union. Kraken has become the third cryptocurrency outlet to receive VASP authorization after Coinbase and Gemini.

Kraken’s head of European operations, Mark Jennings, has praised the Bank of Ireland’s decision, stating that this designation confirms the company’s legitimacy and commitment to driving crypto adoption throughout Europe. This approval strengthens Kraken’s position in the European market, providing them with a competitive advantage over other unlicensed exchanges that may struggle to comply with the forthcoming EU regulations.

Related articles

From Crashes to Cash: Crypto Funding Moves from CeFi to DeFi

CertiK Reports $1.1M Exploitation of DeFi Protocol WDZD Swap

May 26, 2023
Bitcoin Lightning to be integrated, says Coinbase CEO

Binance halts bridged token deposits and requests clarification from Multichain team

May 26, 2023
Share156Tweet97

Related Posts

From Crashes to Cash: Crypto Funding Moves from CeFi to DeFi

CertiK Reports $1.1M Exploitation of DeFi Protocol WDZD Swap

by The Megalodon
May 26, 2023

Decentralized finance (DeFi) protocol WDZD Swap was targeted in an attack on May 19, resulting in the loss of $1.1...

Bitcoin Lightning to be integrated, says Coinbase CEO

Binance halts bridged token deposits and requests clarification from Multichain team

by The Megalodon
May 26, 2023

Deposits for bridged tokens have been temporarily suspended by Binance, leading to concerns about the Multichain protocol. The suspension affects...

CME Group Plans to Increase Bitcoin and Ether Option Expiries Following a Record Daily Trading Volume.

Central Banks and BIS Collaborate on Ongoing Policy Issues for Retail CBDC

by The Megalodon
May 26, 2023

The Bank for International Settlements (BIS) and a consortium of central banks have jointly published their fifth paper, which sheds...

Meta’s positive first quarter overshadowed by $4B loss in Metaverse division

Meta Introduces Megabyte System, Addressing Major Roadblocks for GPTs

by The Megalodon
May 26, 2023

Researchers at Meta AI have made a significant breakthrough in tackling the tokenization challenge associated with GPT (Generative Pre-trained Transformer)...

Fed Governor says wholesale CBDC holds potential, but retail CBDC is hard to envision.

Norwegian Central Bank Suggests Independent Approach to Crypto Asset Regulation in Norway

by The Megalodon
May 26, 2023

Norway's central bank, Norges Bank, has released its annual "Financial Infrastructure Report," which highlights the issue of crypto assets and...

Load More
  • Trending
  • Comments
  • Latest
Kaspersky reports a 40% increase in crypto phishing attacks within a year

Kaspersky reports a 40% increase in crypto phishing attacks within a year

April 17, 2023
Investors Must Be Aware of These 3 Points from the C3.ai Report by Short-Sellers

Investors Must Be Aware of These 3 Points from the C3.ai Report by Short-Sellers

April 18, 2023
XRP Price Nears ‘Sell the News’ Moment Following a 20% Weekly Gain in the Crypto Market

XRP Price Nears ‘Sell the News’ Moment Following a 20% Weekly Gain in the Crypto Market

March 28, 2023
THORChain Halts Mainnet Due to Potential Network Vulnerability Reports

THORChain Halts Mainnet Due to Potential Network Vulnerability Reports

March 29, 2023
Protecting Your Crypto: The Importance of AML Frameworks in Web3

Protecting Your Crypto: The Importance of AML Frameworks in Web3

President Biden Proposes Phased-In 30% Tax on Cryptocurrency Mining Electricity Usage

President Biden Proposes Phased-In 30% Tax on Cryptocurrency Mining Electricity Usage

Explaining the Reasons for the Recent Downturn in Ethereum (ETH) Price: A Macro Analysis

Explaining the Reasons for the Recent Downturn in Ethereum (ETH) Price: A Macro Analysis

Breaking Barriers: Women in Web3 Leading the Charge for Diversity and Inclusion

Breaking Barriers: Women in Web3 Leading the Charge for Diversity and Inclusion

From Crashes to Cash: Crypto Funding Moves from CeFi to DeFi

CertiK Reports $1.1M Exploitation of DeFi Protocol WDZD Swap

May 26, 2023
Bitcoin Lightning to be integrated, says Coinbase CEO

Binance halts bridged token deposits and requests clarification from Multichain team

May 26, 2023
CME Group Plans to Increase Bitcoin and Ether Option Expiries Following a Record Daily Trading Volume.

Central Banks and BIS Collaborate on Ongoing Policy Issues for Retail CBDC

May 26, 2023
Meta’s positive first quarter overshadowed by $4B loss in Metaverse division

Meta Introduces Megabyte System, Addressing Major Roadblocks for GPTs

May 26, 2023
  • Premium Services
  • Terms of Service
  • Privacy Policy

All Rights Reserved. CoinSharks.

No Result
View All Result
  • Bitcoin
  • Ethereum
  • Altcoins
  • Nasdaq
  • NYSE
  • Regulation
  • Shark School
  • Premium Services

All Rights Reserved. CoinSharks.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.