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Poland-founded crypto exchange Kanga has obtained a Class 3 MiCA license in Latvia, clearing the exchange to offer crypto-asset services across the European Union under a single regulatory authorization.
The licensing decision bypasses Poland entirely — at least for now — as Polish lawmakers are still debating how to implement the EU's Markets in Crypto-Assets regulation domestically.
Latvia as the Compliance Gateway MiCA operates on a passport model: a license granted by one EU member state authorizes a firm to operate across all 27.
Kanga's choice of Latvia as its authorizing jurisdiction reflects a practical read of the regulatory calendar.
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