Kraken Secures MiCA License for EU Crypto Expansion

Kraken has secured a Markets in Crypto-Assets (MiCA) license from the Central Bank of Ireland, allowing it to offer regulated digital asset services across the European Economic Area. This milestone follows previous regulatory approvals, including a MiFID license in February and an EMI license in 2023. The exchange emphasized its commitment to regulatory compliance, with co-CEO Arjun Sethi highlighting trust as a cornerstone of its operations. The MiCA framework, enforced in 2024, mandates stricter oversight for crypto service providers in the EU, positioning Kraken as a compliant player in the evolving regulatory landscape.

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Trump to unveil Bitcoin reserve strategy at White House Crypto Summit

US President Donald Trump is set to announce a Bitcoin reserve strategy at the White House Crypto Summit, according to Commerce Secretary Howard Lutnick. The summit, scheduled for March 7, will feature key figures from the crypto industry and aims to discuss regulatory clarity and economic opportunities in the sector.Lutnick indicated that Bitcoin would receive special status under Trump’s plans, while other cryptocurrencies would be treated positively but differently. Trump’s recent statements on Truth Social highlighted his intention to elevate the crypto industry after perceived attacks from the Biden Administration.

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Trump Plans Unique Bitcoin Reserve Amid Crypto Policy Shift at Summit

US President Donald Trump is set to announce a significant shift in digital asset policies at the inaugural White House Crypto Summit, with Bitcoin expected to receive a “unique status” in his crypto reserve plans. Commerce Secretary Howard Lutnick indicated that while Bitcoin will be treated differently, altcoins like Solana, XRP, and Cardano will also be included in the reserve. This initiative is already influencing other countries, with Brazil and Chile exploring similar Bitcoin reserve legislation, although not all nations, like Switzerland, support the idea.

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US to Announce Strategic Crypto Reserve Including Bitcoin and Altcoins

The U.S. is set to announce a strategic crypto reserve on Friday, with Bitcoin expected to hold a unique status while other cryptocurrencies will be treated differently. Commerce Secretary Howard Lutnick indicated that the President is keen on a Bitcoin reserve, aligning with campaign promises, but the inclusion of altcoins like XRP, Solana, and Cardano has sparked debate within the crypto community. The announcement coincides with the White House’s first crypto summit, featuring key industry figures.

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Trump to Reveal Bitcoin Reserve Strategy at White House Crypto Summit

President Donald Trump is set to unveil his Bitcoin Reserve Strategy at the White House Crypto Summit on March 7, as confirmed by Commerce Secretary Howard Lutnick. The strategy will focus on Bitcoin, with plans for a strategic reserve, while other cryptocurrencies will be treated differently under new regulatory approaches.Key industry figures, including Michael Saylor and executives from major crypto platforms, will attend the summit to discuss regulatory clarity and innovation in the crypto space.

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Kraken launches Ethereum scaling layer Ink ahead of schedule

Kraken has launched its Layer 2 blockchain, Ink, on mainnet months ahead of schedule, utilizing Optimism’s Superchain technology for enhanced interoperability. The platform aims to improve accountability with permissionless fault proofs set for January 2025, allowing users to contest invalid transactions. This move positions Kraken alongside other crypto trading platforms like Coinbase and Uniswap, as it seeks to streamline the transition between centralized and decentralized systems.

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