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European Expansion: Kraken Secures Registration with the Central Bank of the Netherlands

European Expansion: Kraken Secures Registration with the Central Bank of the Netherlands

Kraken Expands Crypto Services in Europe with Dutch Registration

Kraken, a leading cryptocurrency exchange, has achieved a significant milestone in its European growth strategy by obtaining a registration from the Dutch Central Bank. This achievement allows Kraken to extend its services to the Dutch market and cater to the needs of clients in the Netherlands.

Legal Endorsement and Compliance

The acquisition of the VASP registration demonstrates Kraken’s commitment to operating within the legal frameworks established by European financial authorities. By securing this registration, Kraken gains legal endorsement in the Netherlands, further solidifying its reputation as a trustworthy and compliant exchange in the crypto industry.

Proactive Approach to European Expansion

Kraken’s European growth strategy involves obtaining necessary registrations and licenses across the region. In addition to the Dutch registration, Kraken has also secured registrations in Spain, Italy, and Ireland over the past year. These achievements showcase Kraken’s dedication to growing its presence in Europe while adhering to regulatory requirements.

Kraken Pro: Efficient Asset Conversion

Kraken Pro, a platform offered by Kraken, now provides users with an efficient feature that allows for the conversion of over 200 digital assets in seconds. This streamlined trading process saves time and simplifies navigation for both experienced traders and newcomers.

Dedication to Innovation and Client Focus

Kraken’s commitment to innovative solutions is evident in its convenient asset conversion feature. Furthermore, its strategic European registrations and focus on client needs position Kraken for continued growth and a significant role in shaping the global crypto landscape.

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European Expansion: Kraken Secures Registration with the Central Bank of the Netherlands