Kraken, a US-based cryptocurrency exchange, has announced its plans to acquire Netherlands-based exchange Coin Meester B.V. (BCM), as part of its expansion into the European market. Kraken has already secured licenses to operate in Ireland, Italy, and Spain, and is now focusing on the Netherlands, known for its strong economy and adoption of cryptocurrencies. The acquisition is subject to regulatory approval from the Dutch central bank, and both companies have expressed optimism about the future of the partnership.