Is Kraken regulated in UK?

Good afternoon, I am a resident of the United Kingdom and have been considering investing in cryptocurrencies. Among the platforms I've been exploring, Kraken has caught my eye. However, before I proceed, I have a crucial question that needs clarification. Is Kraken regulated in the United Kingdom? Given the volatile nature of cryptocurrencies and the potential risks involved, I want to ensure that my investments are protected and that the platform I choose adheres to strict regulatory guidelines. Could you please provide some insight into this matter? Thank you in advance for your assistance.