Kraken Expanding In Europe Despite MiCA, To Acquire Dutch Broker
Kraken, one of the world’s oldest crypto exchanges, is strengthening its presence in Europe and plans to buy Coin Meester B.V. (BCM), a Dutch crypto broker. In a press release on October 5, Kraken said the purchase would give them a “sizable position in the Dutch market” and benefit the broker’s clients. Kraken To Acquire BCM […]
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The Bitcoin price has been on the rise throughout recent weeks, and it looks like future increases could be on the horizon. Kraken wants to be the go-to platform for European and international Bitcoin enthusiasts. Bitcoin exchanges are always looking to expand their Reach. Kraken, one of Europe’s leading exchange platforms, acquired Dutch company CleverCoin. This acquisition seems to indicate the European Bitcoin market is set for a significant increase in volume. CleverCoin has been making a name for itself among Belgian and Dutch Bitcoin enthusiasts so far. The company’s success has not....
Dutch Bitcoin exchange, CleverCoin has been acquired by the popular San-Francisco Bitcoin exchange, Kraken just months after getting Cavirtex and Coinsetter, also Bitcoin exchanges. After acquiring two exchanges already, Kraken still seemed to be looking to expand its user base and decided to merge the popular Netherlands-based exchange into Kraken which allows Kraken to expand into Europe. This is one of Kraken’s most popular markets and will certainly improve Kraken’s Euro trading pairs. Why CleverCoin? A graduate of Boost VC, Eindhoven-based CleverCoin was founded in 2013 and backed by....
Bitcoin exchange Kraken has announced the acquisition of Dutch bitcoin exchange CleverCoin. to its expansion after previously acquiring New York-based Coinsetter and Canadian bitcoin exchange CAVirtex earlier this year. San Francisco-based bitcoin exchange Kraken has acquired CleverCoin, a Dutch bitcoin exchange based in Eindhoven. The acquisition is only the latest addition to Kraken’s growing presence globally, having acquired New York-based Coinsetter and Canadian exchange CAVirtex in January this year. CleverCoin will halt its services tomorrow, June 29th, before migrating all user....
U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European Market by End of Year Kraken, a major digital asset exchange in the U.S., plans to reestablish its presence in the European Union this year, according to Handelsblatt. The publication notes the development comes as the crypto industry continues to mature, attracting more investors amid a market....
San Francisco-based digital currency exchange Kraken is making yet another acquisition, scooping up Dutch exchange CleverCoin. The deal is Kraken’s second acquisition of 2016, coming just over five months after it purchased New York-based Coinsetter, which had acquired Canadian bitcoin exchange CAVirtex the year before. The integration of CleverCoin’s services and its customer base into Kraken’s platform is set to take place this Wednesday on 29th June. The terms of the deal were not disclosed. While Kraken is acquiring the assets and customer base of CleverCoin, the team behind the....