Kraken

Kraken Europe has officially launched its **MiCA and MiFID licensed exchange**, marking full regulatory compliance with European Union financial frameworks. To celebrate the launch, the platform is running a **€1,000,000 prize draw** where users earn entries based on their euro deposits - the more funds moved to the new exchange, the more chances to win. This regulatory milestone positions Kraken as one of the first major exchanges operating under the EU's Markets in Crypto-Assets (MiCA) regulation, which came into effect to provide clearer consumer protections and operational standards for crypto platforms across Europe. The dual licensing under both MiCA and MiFID (Markets in Financial Instruments Directive) demonstrates Kraken's commitment to meeting institutional-grade compliance standards while expanding services to European users. *Terms and conditions apply to the prize draw promotion.*

Kraken is preparing to launch a redesigned mobile application focused on automated trading capabilities. **Key Features:** - Background trading operations that run continuously - Enhanced visibility and control over trading activities - Simplified user experience requiring minimal effort - Integration with existing Kraken services including onchain trading The exchange has been gradually rolling out updates, with onchain trading already built into the current app as of June 2022. The new mobile experience aims to help users manage their crypto goals more efficiently with automated, always-on functionality. No specific launch date has been announced beyond "coming soon." [Learn more about the new app]([https://blog.kraken.com/news/new-kraken-app-coming-soon](https://blog.kraken.com/news/new-kraken-app-coming-soon))

Kraken has launched a new feature that allows users to spend beyond their cash balance when purchasing cryptocurrency. **How it works:** - Cash balance is used first for purchases - [Kraken Borrow](https://app.kraken.com/JDNW/buy_more) automatically covers any remaining amount - Single transaction with one price confirmation - No need to sell existing holdings This feature integrates Kraken's lending service directly into the buying process, enabling users to leverage their portfolio without additional steps. The service aims to provide more flexibility for traders who want to increase positions without liquidating current holdings.

Kraken has launched a Mastercard debit card that allows users to spend directly from their crypto holdings. **Key features:** - Up to 2% cashback in Bitcoin or cash - Zero fees - Support for 600+ currencies - Direct spending from trading account The card builds on Kraken's previous Bitcoin rewards offering from their peer-to-peer payments app, Krak. Users can apply for the card through the Kraken app, though geographic restrictions apply. This move positions Kraken alongside other exchanges offering crypto-to-fiat spending solutions.

Kraken has expanded its decentralized exchange (DEX) offering by adding over 2,500 tokens to its platform. **Key Features:** - Direct access to 2,500+ tokens, many not available on major exchanges - Focus on Solana ecosystem tokens - Simplified trading experience without external wallets or seed phrases - Integrated directly into the Kraken app The expansion allows users to trade a wider range of tokens through Kraken's interface, eliminating the need for separate wallet management or complex setup processes. The platform emphasizes accessibility by removing traditional barriers to on-chain trading. [Trade on Kraken DEX](http://app.kraken.com/JDNW/DEX)

Kraken has integrated onchain trading functionality directly into its main application, allowing users to trade cryptocurrencies on-chain without leaving the platform. **Key Features:** - Native onchain trading now accessible within the Kraken app - Eliminates need for separate wallets or external platforms - Streamlines the trading experience for users This integration represents a significant step in making decentralized trading more accessible to mainstream users. By bringing onchain capabilities into their primary interface, Kraken reduces friction for users who want to interact with blockchain networks directly. The move comes as European markets prepare for MiCA regulatory changes, positioning Kraken to serve both centralized and decentralized trading needs from a single platform. [Read the full announcement](https://blog.kraken.com/product/onchain-trading/now-built-into-the-kraken-app)

Kraken Financial has secured a **Federal Reserve master account**, marking a significant milestone as the first digital asset bank with direct access to the U.S. payments system. **Key Development:** - Direct connection to Federal Reserve payment rails - First crypto-native institution to achieve this status - Bridges digital assets with traditional financial infrastructure This follows the Federal Reserve's April 2025 withdrawal of restrictive crypto guidelines for banks, which opened the door for Bitcoin-based services like checking accounts and crypto-backed loans in traditional banking. The master account grants Kraken Financial the ability to settle transactions directly through the Federal Reserve, eliminating intermediary banks and potentially reducing costs and settlement times for customers. [Read the full announcement](https://blog.kraken.com/news/federal-reserve-master-account)

**Kraken adds $ZAMA to its listing roadmap**, marking a significant step for blockchain privacy technology. **What is ZAMA?** - Confidentiality layer for public blockchains like Ethereum and Solana - Uses Fully Homomorphic Encryption (FHE) technology - Enables compliant privacy for onchain finance **The Privacy Problem** ZAMA addresses blockchain transparency as a vulnerability rather than a feature, bringing encrypted computation to public chains. **Recent Developments** - KuCoin previously featured ZAMA through a Dutch-style bidding mechanism - Fair price discovery with anti-whale protections - Market-driven approach with up to 10 strategic bids per participant *Geographic restrictions may apply for Kraken listings* [View Kraken's full roadmap](https://kraken.com/listings)

Kraken has launched **Kraken VIP**, a premium service targeting high-value clients who "move markets" rather than just follow them. The VIP program offers three key benefits: - Dedicated VIP relationship managers for personalized support - Early access to new products and features before general release - Curated VIP experiences and networking opportunities The service is currently **available to select clients only**, suggesting exclusive eligibility criteria. This follows Kraken's earlier launch of Kraken+, their premium subscription service for enhanced trading. Interested users can visit [kraken.com/VIP](http://kraken.com/VIP) to learn more about qualification requirements and program details.

**LAVA Network token ($LAVA) is coming to Kraken exchange** on December 10 at 10:00 AM UTC. **What is LAVA?** - Protocol that routes dApps and AI agents to fastest data providers - Works across multiple blockchain networks - Currently in post-only trading mode **Key Details:** - Full trading begins December 10 - Users can prepare by visiting [Kraken's LAVA page](https://app.kraken.com/JDNW/LAVA) - Follows Kraken's recent pattern of listing infrastructure tokens This listing expands access to cross-chain data infrastructure tokens for retail traders.