MiCA enforcement begins July 1. Switch to one of Europe’s longest-standing licensed exchanges.

TL;DR

From 1 July 2026, MiCA is fully enforced across the European Economic Area (EEA), and exchanges operating without authorisation face restrictions on serving EU customers.
Kraken is MiCA authorised through the Central Bank of Ireland, MiFID licensed for derivatives, and E-money licensed, one of the deepest regulatory standings available to a crypto exchange in Europe.
Operating since 2011, Kraken publishes quarterly Proof of Reserves, independently verified, and offers 600+ assets with EUR fiat rails on one licensed platform.
Make the switch now, and every euro you deposit earns an entry into a €1M prize draw.

The Markets in Crypto-Assets Regulation (MiCA) will be fully enforced across the European Economic Area from 1 July 2026. After that date, crypto exchanges operating without the required authorisation face restrictions on serving customers in the EU. If the platform you trade on doesn’t have a MiCA licence, your access to deposits, withdrawals, or trading could change.

You don’t have to wait to find out. You can move to an exchange that secured its regulatory standing years ago and built it deliberately, over more than a decade.

One of Europe’s longest-standing licensed exchanges

Kraken has operated continuously since 2011, through every market cycle the industry has seen. We publish Proof of Reserves every quarter, independently verified, so you can confirm for yourself that client assets are fully backed.

“Since receiving authorisation from the Central Bank of Ireland in June 2025, Kraken has operated fully under the MiCA framework, a milestone that reflects our enduring commitment to trust, compliance, and a thriving crypto ecosystem,” said Andrew Mulvenny, Kraken Head of Crypto-Asset Service Provider Trading Platform. “For our EU customers, that means world-class services backed by the highest regulatory standards.”

Our regulatory standing in Europe is among the deepest available to any crypto exchange, licensed under MiFID for derivatives, with an E-money licence. This is a foundation we’ve built over 15 years, not the bare minimum required for compliance.

Switch and win: enter a €1M prize draw

To mark the moment, we’re rewarding traders who make the move. Enrol in the prize draw, and every €1 you deposit on Kraken during the campaign earns one entry into a €1M prize draw, and the more you deposit, the more entries you earn. The draw is open to new users switching to Kraken and to existing users adding funds, across Kraken Pro and the Kraken app.

This promotion is only open to eligible customers residing in the European Economic Area (EEA). Remember, in order for your deposits to earn entries, you must first enrol in the prize draw. The promotion begins on 19 June 2026 at 11:00 UTC and ends on 31 July 2026 at 13:59 UTC. T&Cs apply.

Choose the platform built to last

1 July is a real deadline, but it isn’t a reason to rush. It’s a reason to choose well. Kraken has been the licensed, proven home for serious traders in Europe since 2011, and we intend to be here long after the deadline passes. With Kraken, you’ll get:

600+ assets across major and emerging tokens EUR fiat rails for fast, low-friction deposits and withdrawals Spot, futures, and earn, plus tokenised equities, all in one licensed account Deep liquidity across spot and derivatives markets

Move your trading to one of Europe’s longest-standing licensed exchanges. Get started with Kraken today. Already signed up with Kraken and an EEA resident?

Not investment advice. Crypto trading involves risk of loss. Payward Ireland Limited (PIL) and Payward Europe Solutions Limited (PESL), trading as Kraken, are regulated by the Central Bank of Ireland. E-money services are provided by PIL and spot trading services are provided by PESL. Staking/Earn is not a regulated financial product and may not benefit from regulatory protections.

Trading derivatives and other financial instruments involves significant risks and is not appropriate for all investors. You could lose more than your initial investment. See our Risk Disclosure on eu.kraken.com

Derivatives and other financial instruments products are provided by Payward Europe Digital Solutions (CY) Limited, regulated by the Cyprus Securities and Exchange Commission (CySEC), licence no 342/17. Read the Offering Documentation and Risk Disclosure available on eu.kraken.com.

The post MiCA enforcement begins July 1. Switch to one of Europe’s longest-standing licensed exchanges. appeared first on Kraken Blog.