# Kraken regulatory expansion and service diversification > Live situation record from CLSTR: https://clstr.news/situations/kraken-regulatory-expansion-and-service-diversification > Updated: 2026-08-18T10:26:13.000Z. Sources: 10. Developments: 2. Kraken is expanding its regulatory footprint and service offerings across the United Kingdom, the United States, and the European Economic Area (EEA). In the United Kingdom, the company operates through three FCA-regulated entities covering anti-money laundering, electronic money, and derivatives. While the company holds a Federal Reserve-approved master account in the United States, the account has remained dormant since its March 2026 approval as the firm completes technical and compliance requirements. Consequently, dollar wire transfers currently rely on intermediary banks. In the EEA, Kraken has launched a service through its Cyprus-regulated subsidiary, Payward Europe Digital Solutions (CY) Limited, allowing eligible customers to trade over 7,000 US-listed stocks. This service integrates traditional American shares with crypto assets and tokenized versions of US equities known as ‘xStocks’. Additionally, in the United States, the company’s payment app, Krak, has introduced a multi-asset debit card that enables users to spend both fiat and cryptocurrency. ## Timeline ### 2026-08-18: Kraken expands to US stock trading for European investors Kraken has launched regulated US stock trading for European investors, offering over 7,000 equities alongside crypto assets. Additionally, its Krak app launched a multi-asset debit card in the US. 10 sources. https://clstr.news/cluster/kraken-expands-us-stock-trading-across-the-eea ### 2026-07-23: Kraken faces complex UK crypto licensing and inactive Fed master account Kraken runs multiple FCA‑regulated entities in the UK without a unified crypto‑custody licence, and its newly approved U.S. Fed master account remains inactive, keeping dollar transfers routed through intermedi 2 sources. https://clstr.news/cluster/kraken-faces-complex-uk-crypto-licensing-and-inactive-fed-master-account --- Cite as: Kraken regulatory expansion and service diversification. CLSTR, https://clstr.news/situations/kraken-regulatory-expansion-and-service-diversification