Kraken, a San Francisco-based cryptocurrency exchange, has announced its intention to acquire Coin Meester B.V. (BCM) in the Netherlands. On October 5, in a blog post, Kraken emphasized that the planned acquisition "highlights our commitment to growing our business in Europe" and underlined its intention to leverage its strong financial position and highly competitive product offering. BCM, a well-established registered crypto broker founded in 2017, which recently rebranded from Bitcoin Meester, has built a strong reputation in the Netherlands by offering services for buying, selling, and staking cryptocurrencies.
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