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Kraken Eyes European Banking License Through Lithuania

Kraken Eyes European Banking License Through Lithuania

Kraken is exploring Lithuania as a path to a rare European banking license, adding to its earlier regulatory wins in the U.S. and the UAE. The move could push the line between crypto exchange and traditional bank even further.

The United States has a major influence on the global crypto market.

Developments in the United States often influence the crypto market, including through regulation, lawsuits, ETFs, and the involvement of major financial institutions.