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Kraken Exchange has reinforced its regulatory readiness ahead of the July 1 MiCA compliance deadline affecting crypto platforms in Europe.
The company stated that it received MiCA authorization 12 months ago and remains fully regulated in the region. Kraken Exchange reassured clients that its European operations continue without disruption and that it is prepared for any forthcoming regulatory developments.
Kraken Exchange recently reported over $100 million deposited into its Bitcoin Vault product, offering users a 2.5 percent APY paid in Bitcoin. The company also introduced Auto Earn on $apxUSD, boosting yields up to 6 percent for Kraken Plus members. These product launches come as Kraken continues to expand regulated services for European users.