Europe’s second-largest neobank, Bunq, has partnered with cryptocurrency exchange Kraken to offer crypto trading directly within its banking app. This strategic move brings traditional finance and digital assets closer together. 🧠 Available in the Netherlands, France, Spain, Ireland, Italy, and Belgium, the service is set for expansion across the European Economic Area (EEA), UK, and US later this year. 🗺️. Powered by Kraken, users can buy and sell cryptocurrencies with ease from their bunq app, offering a user-friendly experience. 📱 Explore over 290 crypto assets like Bitcoin, Ethereum, and Solana on the platform safely. 🚀 💸. This integration aligns with Bunq’s focus on providing comprehensive financial solutions by expanding its offerings to include stock trading recently. Now, with this new feature, Bunq capitalizes on the growing demand for seamless integration of banking, savings, and crypto investing in one place. 💪 With over 12 million users, Bunq leverages Kraken’s robust infrastructure to offer access to cryptocurrencies under MiCA regulation, which launched in June 2023 across the EU. However, expanding into the UK and US will necessitate navigating stricter regulatory frameworks, including the FCA guidelines in the UK and US oversight. This partnership sets a new standard for fintech innovation and puts pressure on legacy banks to adapt their services. 🤝 As Bunq looks towards global expansion, its ability to balance innovation with compliance will be critical to its future success in the ever-evolving financial landscape. 🌎