Kraken’s November 2026 MiCA-compliant EU exchange launch
Kraken plans a MiCA-compliant EU exchange launch in November 2026 following its Irish VASP authorization and Czech Republic hub launch. This expansion occurs as Coinbase faces a BaFin license suspension in Germany and Binance withdraws from the French market.
Setting up Kraken Desktop
You install Kraken Desktop on Windows or Mac by clicking the download link in the Supported operating systems section. The download starts. You click the Downloads icon in the top left corner of your browser to view the file. After you execute the file, you follow the installation wizard. This application uses less than 1GB of memory and runs on low-end CPUs. You can watch and trade on hundreds of Kraken markets in real-time using this software. The application provides powerful charting and trading tools to monitor price movements. However, cybersecurity or antivirus filters might detect the Kraken Desktop download before you finish the installation.
Coinbase MiCA compliance
Kraken’s November 2026 MiCA-compliant EU exchange launch follows its Irish VASP authorization and its Czech Republic operational hub launch. This expansion occurs as Coinbase faces a BaFin license suspension in Germany and Binance withdraws from France. Coinbase is an authorized crypto-asset service provider under the European Markets in Crypto-Assets (MiCA) regulation. This means the company complies with strict rules harmonized at the European Union level. Coinbase holds nearly US$516 billion in assets, including nearly 12 percent of all bitcoin in existence and 11 percent of all staked Ether, while serving more than 100 million users globally. Brian Armstrong and Fred Ehrsam founded the company in June 2012. Armstrong worked as an engineer at Airbnb, while Ehrsam worked as a trader at Goldman Sachs. The company makes its financial statements available each quarter for transparency. Coinbase does not use or lend your assets without your permission. You can earn rewards of up to 13% APY by staking certain assets, though these APYs are indicative and not guaranteed. Eligible EEA customers can also access futures trading through Coinbase Financial Services Europe Ltd. using CySEC License 374/19.
Exchange reality
Kraken Desktop works on almost any modern computer and runs with a minimal CPU and memory footprint. You can trade on hundreds of markets in real-time. You know that regulatory news changes how you manage your crypto holdings. Coinbase is the largest U.S. based cryptocurrency exchange and the world’s biggest bitcoin custodian. Will Kraken reach the same level of MiCA compliance as Coinbase? I find that Kraken is better for lightweight desktop trading, while Coinbase is better for MiCA-regulated services.
Join the discussion