Kraken strengthens UK crypto regulatory standing with FCA electronic money license

Kraken has secured authorization as an Electronic Money Institution (EMI) from the UK Financial Conduct Authority (FCA), marking a critical regulatory milestone in its expansion strategy in the Uni...

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Kraken strengthens UK crypto regulatory standing with FCA electronic money license

Source: CryptoSlate

Kraken has secured authorization as an Electronic Money Institution (EMI) from the UK Financial Conduct Authority (FCA), marking a critical regulatory milestone in its expansion strategy in the United Kingdom. Trading under Payward Ltd, Kraken is also one of 31 crypto companies listed on the FCA’s “cryptoasset register.” Per Kraken’s official announcement, the authorization enables […]