Kraken Expands to Belgium
San Francisco-based crypto exchange Kraken continues its European expansion, now venturing into Belgium. This move follows Kraken’s registration of services under the Virtual Asset Service Provider (VASP) regulations in Ireland, Spain, and Italy. Kraken aims to introduce more Belgians to the transformative potential of crypto asset technology. Brian Gahan, Managing Director at Kraken Europe, emphasized the company’s commitment to providing compliant, secure, and client-focused trading experiences, backed by robust security protocols and a strong position in liquidity and volume for EUR crypto pairs.
Kraken’s expansion into Belgium comes on the heels of its recent announcement to acquire Coin Meester B.V. (BCM), a respected crypto broker in the Netherlands. The strategic acquisition positions Kraken to tap into the Dutch crypto market, a pivotal move in its broader European expansion strategy.
Kraken’s foray into the Belgian market underscores its dedication to strengthening its presence in Europe and further establishing its role as a leading global crypto exchange. This expansion aligns with Kraken’s mission to provide a safe and compliant platform for traders to access the transformative world of cryptocurrency. As Kraken continues to extend its reach across the European Union, it reaffirms its position as a key player in the evolving landscape of digital assets.
With its proven track record, commitment to security, and strategic acquisitions, Kraken is poised to make a significant impact on the crypto industry in Belgium and throughout Europe. As more countries recognize the potential of digital assets, Kraken’s expertise and services are at the forefront, making it a top choice for traders and investors seeking reliable and compliant cryptocurrency trading opportunities.
