Coinbase, Kraken and OKX move to swoop up EU users affected by MiCA restrictions
CoinTelegraph·
60-second summary
Coinbase, Kraken, and OKX are aggressively courting EU users affected by MiCA restrictions, offering transfer bonuses and prizes to lure them away from unlicensed exchanges. These authorized exchanges aim to capitalize on the regulatory uncertainty, potentially gaining a significant market share in the EU. The move could reshape the European crypto landscape, favoring compliant exchanges.
Several exchanges that have already been authorized by EU regulators are attempting to bring in users from companies unlicensed under the Markets in Crypto-Assets rules, offering transfer bonuses and prizes.