San Francisco-based cryptocurrency platform Kraken has obtained an E-Money Institution (EMI) license from the Central Bank of Ireland, according to a Business Wire release dated September 26, 2023. Concurrently, Kraken has also secured registration with the Bank of Spain as a Virtual Asset Service Provider (VASP). The EMI license, granted to Kraken's Irish subsidiary, allows the firm to broaden its EUR fiat services in collaboration with European banks. In Spain, the new VASP registration enables Kraken to offer cryptocurrency exchange and custodial wallet services to Spanish residents. Founded in 2011, Kraken has a longstanding reputation for robust security and client service.
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