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Kraken Links MiCA Approval to Early UK and EU Launch of the Krak Card

From financemagnates.com

Kraken has begun a phased rollout of the Krak Card, introducing a new spending product that offers 1% cash-back rewards and supports payments using multiple asset balances. The launch is part of an expansion of features in the Krak app, including salary deposits and new options for generating returns on digital assets. The rollout follows regulatory progress in Europe. Kraken recently activated its MiCA license, authorized by the Central Bank of Ireland, allowing it to offer services across the European Economic Area. The company has operated in the UK since 2013 and remains among FCA-registered crypto platforms. The ... (full story)

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