Bitcoinist
Kraken's Expansion Hits New Milestone: Payward Europe Secures EMI License in Lithuania
July 7, 2026•12:18 AM
Payward Europe, a key entity within the Kraken ecosystem, has successfully secured an Electronic Money Institution (EMI) license in Lithuania. This strategic acquisition provides a regulated gateway for euro-denominated fiat and crypto services, significantly bolstering Kraken's operational footprint across the European landscape.
By integrating this new regulated route, Kraken is poised to enhance its fiat-to-crypto on-ramps and off-ramps, ensuring higher compliance standards and smoother transactions. This expansion is a critical step in bridging the gap between traditional banking rails and the digital asset economy for both retail and institutional users in Europe.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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