US Kraken to obtain EU license by the end of 2021 Major Unite | Pre-IPO Watch
US Kraken to obtain EU license by the end of 2021
Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase.
Kraken has been in talks with multiple European regulators, with countries like Malta, Luxembourg, and Ireland being the most likely jurisdictions to license the U.S. crypto exchange.
One of the world's largest crypto exchanges, Kraken currently operates in nearly 190 jurisdictions around the world with daily trading volumes amounting to $1.2 billion, according to data from crypto tracking source CoinGecko.
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