Coinbase, Kraken and OKX move to swoop up EU users affected by MiCA restrictions

Cointelegraph 2026-06-29 17:42:39
Context: Cryptocurrency exchanges Coinbase, Kraken, and OKX are actively targeting users from companies that are not licensed under the European Union's Markets in Crypto-Assets (MiCA) regulations, in an effort to capture their customer base. These exchanges have already obtained authorization from EU regulators and are now using incentives such as transfer bonuses and prizes to attract new users. This development comes as the MiCA rules continue to reshape the cryptocurrency landscape in the EU.

Key Facts

  • Coinbase, Kraken, and OKX, which have already been authorized by EU regulators, are attempting to bring in users from companies that are unlicensed under the Markets in Crypto-Assets (MiCA) rules.
  • The exchanges are offering incentives such as transfer bonuses and prizes to attract users from unlicensed companies.
  • Several exchanges are targeting EU users affected by the MiCA restrictions, in an effort to expand their customer base in the region.

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