We’re excited to announce we have officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This important milestone for our U.K. operation accelerates our growth plans and unlocks opportunities to launch even more exciting products and services to meet the evolving needs of U.K. clients.
Our EMI license strengthens our market position in the U.K. by allowing us to issue electronic money, facilitating faster deposits and withdrawals for our clients. This serves as a launchpad for future growth, while also creating various opportunities to build partnerships with leading traditional financial institutions.
“The U.K. is on the brink of mass crypto adoption, and Kraken is poised to lead the way with industry-leading products. We have major plans for U.K. users that will unlock a wave of demand for crypto-powered financial solutions that showcase r ..
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