{"id":23872,"date":"2023-10-06T12:04:45","date_gmt":"2023-10-06T12:04:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/krakens-european-expansion-gains-momentum-with-bcm-deal\/"},"modified":"2023-10-06T12:04:45","modified_gmt":"2023-10-06T12:04:45","slug":"krakens-european-expansion-gains-momentum-with-bcm-deal","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/krakens-european-expansion-gains-momentum-with-bcm-deal\/","title":{"rendered":"Kraken&#8217;s European Expansion Gains Momentum with BCM Deal"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Kraken, a well-known cryptocurrency exchange, has its eyes set on buying Coin Meester B.V. (BCM), a regulated cryptocurrency broker with offices in the Netherlands, as part of a strategic move aimed at expanding its footprint in the European market. This article explores the importance of this purchase and what it means for Kraken\u2019s intentions to expand throughout Europe.<\/p>\n<h2><strong>Kraken\u2019s European Expansion Strategy<\/strong><\/h2>\n<p>The choice made by Kraken to buy BCM demonstrates its dedication to expanding its presence in Europe. One of the first and most completely authorized cryptocurrency brokers in the Netherlands is BCM, which was founded in 2017. It provides a wide range of services, including cryptocurrency buying, selling, and staking.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>With this tactical move, Kraken is ready to access the vibrant Dutch cryptocurrency sector, an important step in its larger European development strategy. The Netherlands has one of the most developed economies in the world, as well as an innovative culture and a high rate of cryptocurrency use. Kraken is aware of the enormous potential that this market offers.<\/p>\n<p>Kraken CEO David Ripley expressed his enthusiasm for the acquisition, highlighting the Netherlands\u2019 significance in their European expansion plans. He stated, <em>\u201cThe acquisition of BCM will give Kraken a sizable position in the Dutch market and will allow BCM\u2019s clients to benefit from an even more robust product offering.\u201d<\/em> Ripley\u2019s vision revolves around providing BCM\u2019s clients with enhanced crypto services, further strengthening Kraken\u2019s presence in Europe.<\/p>\n<p>The <a href=\"https:\/\/igaming.org\/crypto\/regulatory-green-lights-propel-krakens-growth-in-spain-and-ireland\/\">launch of Kraken in Europe<\/a> is in line with the development of the legal environment, notably the Markets in Crypto-Assets (MiCA) framework. While providing customers with access to a variety of crypto products, these laws open up potential for crypto players to invest in the area. In order to promote confidence and dependability in the cryptocurrency industry, Kraken is committed to guaranteeing compliance with the various regulatory standards across Europe.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>BCM co-founder and CEO, Mitchell Zandwijken, shared his thoughts on the acquisition, emphasizing the shared vision of making crypto accessible to a broader audience. He noted, <em>\u201cKraken is the pioneer in this field with a track record spanning well over a decade, making it the perfect steward of our business going forward. Our clients will benefit from all that crypto has to offer through Kraken\u2019s continuous investment and innovation.\u201d<\/em> The acquisition is poised to provide BCM\u2019s clients with an enriched crypto experience under Kraken\u2019s stewardship.<\/p>\n<p>It\u2019s important to note that the transaction requires the Dutch banking regulator\u2019s permission. The transaction\u2019s financial specifics have not yet been made public. By purchasing BCM, Kraken is demonstrating its strategic ambition to lead the way in Europe\u2019s developing cryptocurrency market and serve both seasoned investors and those just entering the industry.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/krakens-european-expansion-gains-momentum-with-bcm-deal\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Kraken, a well-known cryptocurrency exchange, has its eyes set on buying Coin Meester B.V. (BCM), a regulated cryptocurrency broker with offices in the Netherlands, as part of a strategic move aimed at expanding its footprint in the European market. This article explores the importance of this [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":23873,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23872"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23872"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23872\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23873"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}