💰 Europe: Kraken🇺🇸 crypto exchange obtains MiFID license... and more

Morgan Ellis

💰 Europe: Kraken🇺🇸 crypto exchange obtains MiFID license... and more

The license obtained in Cyprus allows the company to offer regulated derivatives in the 27-country bloc. Kraken continues to strengthen its position in the cryptocurrency market with efforts focused on maintaining its leadership.

▶️ Quick reminder: Between 2011 and 2013, Kraken was one of the first Bitcoin platforms to be listed on Bloomberg's terminal. As of January 2024, the company’s valuation reached $3 billion.

▶️▶️ Additionally: Kraken launches its cryptocurrency payment service Kraken Pay. This service will allow instant money transfers, with the option to combine 300 fiat currencies and crypto assets. How does it work?

▶️ @Kraktag (a unique and secure identifier for Kraken Pay users).

▶️ Paylink (a URL that can be sent via any messaging service like SMS or WhatsApp. The recipient just needs to click on the paylink to accept the payment).

▶️▶️▶️ Important note: Depending on the location, a conversion fee may apply. Unlike other platforms, Kraken does not offer insurance for funds stored on its platform.

#news #crypto #world_wide #Europe

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