Kanga wins MiCA license in Latvia to expand across EU

Kanga, a crypto exchange founded in Poland, has obtained a Markets in Crypto-Assets Regulation (MiCA) license in Latvia that allows it to passport services across the European Union. SIA AlphaRoute, the exchange's operator, received a Class 3 MiCA license from the Bank of Latvia after its Supervisory Committee approved the authorization.

The license was granted on June 18 and authorizes services including crypto custody, trading and transfers across the EU. Kanga began the pre-licensing process in Latvia in November 2025 after reviewing several jurisdictions. SIA AlphaRoute CEO Dominik Tomczyk said: "From the very beginning, we knew that we had to use the transitional period provided for under the MiCA regulation to prepare the organisation to operate within the new regulatory framework." The company said it will provide customers with additional details about operational changes and service terms through its official communication channels.

Latvia

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