MEXC refers Netherlands clients to Kraken as it winds down locally

Kraken announced a referral and transition agreement with MEXC on 12 August as MEXC winds down its Netherlands offering. The arrangement covers affected spot and derivatives users, with both companies providing support. Kraken points to its European regulatory authorisations as the basis for serving eligible referred clients.

A referral is not an automatic transfer of an account or a guarantee that every existing position can move unchanged. Product eligibility depends on the client, jurisdiction and relevant Kraken entity. The release describes MEXC’s decision as part of a regional strategy change; it does not provide an independent regulator finding about the exit. Users should distinguish the availability of an alternative venue from the steps needed to withdraw, close or recreate particular positions.