Kraken Pursues European Banking License in Lithuania
The post Kraken Pursues European Banking License in Lithuania appeared on BitcoinEthereumNews.com. Key Highlights Kraken is pursuing comprehensive banking authorization in Europe, with Lithuania identified as the target jurisdiction Success would make Kraken the sole cryptocurrency exchange holding a European banking license The strategy mirrors the approach taken by Revolut, which secured licensing from Lithuania’s banking regulator in 2018 The exchange currently operates with MiCA credentials via Ireland and holds a MiFID license through Cyprus In early 2026, Kraken Financial achieved a milestone by becoming the first cryptocurrency company to connect with the Federal Reserve’s payment systems Kraken, a leading global cryptocurrency exchange, is actively pursuing full banking authorization within Europe. According to sources with knowledge of the matter, the platform has set its sights on Lithuania as the preferred location for this regulatory milestone. Crypto exchanges are no longe