Kanga, a crypto exchange founded in Poland, has secured a Class 3 MiCA license in Latvia. The license lets the company offer crypto services across the entire European Union.
It’s an interesting choice — getting licensed in Latvia rather than Poland. Polish lawmakers are still debating how to implement the MiCA framework locally, so Kanga appears to have gone ahead and used another EU member state’s regulatory pathway instead.
This kind of regulatory arbitrage is becoming more common in the EU crypto space. Firms pick the jurisdiction with the clearest or fastest licensing process, then passport their services across the bloc.
For Polish crypto users, it means Kanga can continue operating legally while the domestic framework catches up.
