Kraken Co-CEO Criticizes U.S. Crypto Regulatory Stance, Endorses EU MiCA Framework

TechFlow reported on September 22 that according to Bitcoin News, Kraken Co-CEO David Ripley stated that the US has taken a relatively hostile and politicized stance toward crypto asset regulation, while the EU’s Markets in Crypto-Assets Regulation (MiCA) has provided the industry with clearer and more stable rules. He warned that the slow progress of the CLARITY Act could undermine the US’s leadership in financial innovation. Kraken obtained its MiCA license from the Central Bank of Ireland in June 2025, enabling it to conduct compliant operations across the 30 member states of the European Economic Area.