Kraken has efficiently registered our Irish subsidiary, Payward Europe Options Restricted, with the Central Financial institution of Eire (CBI) as a Digital Asset Service Supplier (VASP). 

Kraken’s Irish VASP registration demonstrates to each our shoppers and regulators that Kraken follows Europe’s most sturdy anti-money laundering and compliance requirements. Registration additional underscores Kraken’s dedication to driving crypto adoption throughout Europe, now and into the long run.

“Clear and efficient regulation is important for the mainstream adoption of cryptocurrencies. As we carry modern services and products to market, we’re dedicated to persevering with to work with European regulators to function compliantly underneath wise, forward-looking crypto asset regulation,” mentioned Mark Jennings, Kraken’s Head of European Operations. “We’ve all the time put our shoppers first and consider in providing a compliant buying and selling expertise that leverages industry-leading customer support, sturdy safety protocols, and a market-leading place in liquidity and quantity for EUR crypto pairs.”

With VASP registration and our rising native workforce in Eire, we deepen our dedication to our Irish shoppers and their potential to entry an in depth array of cryptocurrency property. Whereas shopping for and promoting these property, Kraken shoppers profit from the deepest liquidity for EUR crypto pairs accessible, in addition to our industry-leading safety that retains their crypto secure.  

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