# Kraken Scores MiCA License from Ireland

*Author: Bankless*
*Published: Jun 26, 2025*
*Source: https://www.bankless.com/read/kraken-scores-mica-license-from-ireland*

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Kraken gains approval under MiCA, enabling operations across 27 EU states as crypto regulation harmonizes in Europe.

## **What’s the Scoop?**
- **License Granted**: Kraken received approval from Ireland's central bank under MiCA, which allows it to operate throughout the EU.
- **Following Coinbase**: The approval comes shortly after Coinbase received its MiCA license in Luxembourg, intensifying competition in the region.
- **MiCA's Role**: MiCA, which came into effect recently, standardizes crypto regulation across EU states, providing a clearer framework for businesses.
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