Kraken Exchange achieves full MiCA and MiFID compliance as new EU rules take effect

Kraken Exchange achieves full MiCA and MiFID compliance as new EU rules take effect
Kraken gains MiCA compliance in EU

Kraken Exchange is now fully compliant with MiCA and MiFID regulations as the new European crypto rules come into force.

Clients can continue trading seamlessly on the platform, with offerings including up to 21 percent APY, regulated perpetual futures, xStocks, and straightforward EUR transfers. The company is also incentivizing deposits this month by offering users a chance to win a one million euro prize with each deposit made.

Kraken previously announced its readiness for new European MiCA regulations as the July 1 crypto compliance deadline approached, assuring clients of stable platform operations. As MiCA enforcement loomed, the company alerted EU crypto users that exchanges would need to secure CASP authorization by July 1 or exit the market. More details on the exchange's compliance timeline can be found in its operations update and regulatory alert.

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