Kraken Achieves MiCA Compliance in Ireland, Strengthening European Crypto Dominance

Kraken, one of the world's leading cryptocurrency exchanges, has secured a Markets in Crypto-Assets (MiCA) license in Ireland, a pivotal milestone in its European expansion strategy. This regulatory approval, granted under the comprehensive MiCA framework implemented in 2024, allows Kraken to offer fully regulated digital asset services across all 30 European Economic Area (EEA) member states. The MiCA license not only underscores Kraken's commitment to compliance but also positions it as a key player in the rapidly evolving European crypto market. By adhering to the world's most extensive crypto regulatory framework, Kraken is set to enhance trust and accessibility for users across the region, further solidifying its role as a bridge between traditional finance and the digital asset ecosystem. This development is expected to accelerate institutional adoption and drive innovation in the sector, reinforcing Kraken's bullish outlook on the future of cryptocurrencies in global finance.

Kraken Secures MiCA License in Ireland, Expanding European Crypto Services

Kraken has obtained a Markets in Crypto-Assets (MiCA) license in Ireland, marking a significant step in its European expansion strategy. The approval enables the exchange to offer fully regulated digital asset services across all 30 European Economic Area (EEA) member states.

MiCA, implemented in 2024, represents the world's most comprehensive crypto regulatory framework. It establishes clear guidelines for asset issuance, trading platforms, stablecoins, and custody services. Kraken's license underscores its commitment to compliance and long-term growth in the region.

The exchange has been building a robust regulatory foundation in Europe, holding an Electronic Money Institution (EMI) license since March 2025 and a Markets in Financial Instruments Directive (MiFID) license since February 2025. These authorizations support diverse services including spot trading, derivatives, and payments across retail and institutional client segments.

Kraken maintains VASP registrations in seven EU nations, reinforcing its position as a fully compliant operator. The firm has maintained a European presence since 2013, with the MiCA license representing its latest strategic MOVE in the region's evolving regulatory landscape.

Bitcoin Price Back In The Green — Momentum Builds for More Gains

Bitcoin has reignited its upward trajectory, breaking past the $105,500 resistance level with conviction. The cryptocurrency now trades firmly above this threshold and the 100-hour Simple Moving Average, signaling robust bullish momentum. A trendline support at $107,400 on the BTC/USD hourly chart (Kraken data) further reinforces the potential for continued appreciation.

The rally gained steam after clearing $103,500, accelerating through $104,200 and $105,500 before testing the $108,200 zone. Current consolidation above the 23.6% Fibonacci retracement level of the recent swing from $98,272 to $108,165 suggests investors are accumulating rather than taking profits. The $108,200 level represents the next key hurdle—a breach here could open the path to more significant gains, particularly as it aligns with the 1.236 Fib extension of the prior correction.