Kraken's European Entity Secures Regulatory Approval for Digital Asset Custody in EU

According to PANews, Kraken's European entity, PESL, has received authorization from the Central Bank of Ireland. This approval allows PESL to operate as a compliant custodian under the EU's Markets in Crypto-Assets (MiCA) framework. The authorization enables PESL to offer regulated digital asset custody services to institutional clients within the European Economic Area.