Morning Edition · Thursday, July 9, 2026Published at 1:44 AM EDT · New York
The exchange leads in spot and perpetual liquidity under the European Union's licensing regime, while Coinbase and Crypto.com compete for regulated market share.

Kraken leads exchanges operating under the European Union's Markets in Crypto-Assets (MiCA) regime in both spot and perpetual-futures liquidity, according to crypto.news, as Coinbase and Crypto.com pursue regulated market share across the b…
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Regulatory Perimeter for Crypto Hardens in EU and US
Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.
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