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Cryptocurrency exchange Kraken has announced the completion of its acquisition of Dutch cryptocurrency broker Coin Meester B.V. (BCM). This strategic move strengthens Kraken’s footprint in the European market, particularly in the Netherlands, and enhances its ability to offer Virtual Asset Service Provider (VASP) services across several European countries, including France and Poland. Coin Meester is one of the Netherlands' oldest registered crypto brokers, and its acquisition marks a significant step in Kraken's European expansion. According to Kraken’s European Managing Director, Brian, this acquisition also adds VASP licenses in France and Poland.
Last week, the German Federal Criminal Police (BKA) seized the infrastructure of 47 Russian-language no-KYC (Know Your Customer) cryptocurrency exchanges. Check out our blog to dive into the takedown and its implications. https://t.co/ncsmyCN706
ARTICLE: Kraken has expanded its European presence by acquiring Dutch crypto broker BCM. This strategic move strengthens Kraken’s foothold in Europe, positioning the exchange ahead of upcoming EU regulations like MiCA. Get the details: ↓ https://t.co/FNqPmFM86I
#ICYMI: Kraken expands European foothold with Dutch crypto broker acquisition Read the full article 👇 https://t.co/b08cZUZODl https://t.co/mFk8Vw3XCE
