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Kraken Smashes EU Barriers: Secures MiCA License in Ireland for Dominant Expansion
Kraken Smashes EU Barriers: Secures MiCA License in Ireland for Dominant Expansion
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Kraken just outmaneuvered the regulatory maze—Ireland’s MiCA greenlight unlocks the entire EU market.
The Backdoor Play
One license to rule them all. With Ireland’s Financial Services Regulatory Authority (FSA) approval under MiCA, Kraken bypasses 27 national regulators. No more jurisdictional hopscotch—just seamless access to 450M potential users.
The Cynic’s Corner
Because nothing screams ‘financial innovation’ like jumping through Brussels-shaped hoops. TradFi banks are still filing paperwork from 2019.
What’s Next?
Watch for Kraken’s aggressive liquidity pushes in Frankfurt, Paris, and Rome. Competitors? They’re stuck waiting for their MiCA tea leaves to finish brewing.
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