Kraken, a cryptocurrency exchange, has obtained a Virtual Asset Service Provider (VASP) registration from the Dutch Central Bank (DNB) as part of its expansion into Europe. This license allows Kraken to offer its top products to residents of the Netherlands. The Managing Director of Europe for Kraken, Brian Gahan, sees this as an opportunity to introduce their services to both retail and institutional investors in the Netherlands and across Europe. Kraken has been eyeing the Dutch market for some time and even considered acquiring Netherlands-based cryptocurrency exchange Coin Meester B.V. to fortify its position in the market. Kraken holds licenses from Ireland, Spain, and Italy and is pursuing licenses and registration in other European states.
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