Why Kraken’s MiCA License Is a Big Deal On June 25, 2025, Kraken announced that its Irish subsidiary had secured regulatory approval to operate as a Virtual Asset Service Provider (VASP) under MiCA. This approval means: EU-wide market access: Kraken can offer trading, staking, custody, and other services throughout the European Economic Area. Regulatory credibility: … Read more
Ripple is making a serious move into traditional finance. The company behind XRP has applied for a national banking charter in the United States, aiming to bring its RLUSD stablecoin under direct federal oversight. This isn’t just about checking boxes. It’s a strategic attempt to give RLUSD a stronger foundation and open the door to … Read more
Coinbase has become the first U.S.-based crypto exchange to win a MiCA license, giving it legal access to offer services across the European Union. The license was issued by Luxembourg’s financial regulator and opens the door to operating in all 27 EU nations, plus Iceland, Liechtenstein, and Norway. As part of the move, Coinbase will … Read more
In a landmark move, the UK government published a draft of crypto legislation that would officially integrate crypto into the traditional financial system. Not everyone will be celebrating. The new Financial Services and Markets Act 2000 (Regulated Activities and Miscellaneous Provisions) (Cryptoassets) Order 2025 lays out an aggressive framework, formally making crypto trading platforms, stablecoin … Read more
An ongoing EU crypto investigation into OKX for allegedly laundering $100 million from the Bybit hack in February 2025, has seen the European bloc threatening to remove OKX MiCA license. European regulators are reportedly probing OKX’s decentralized trading and self-custody offerings, which they claim were used by the Lazarus Group—a notorious hacking outfit allegedly sponsored … Read more