Mr. Max, Kraken guidance for French eligible customers… no automatic transfer

MEXC will direct its eligible French users to Kraken under a referral arrangement announced by Kraken on Nov. 6, but accounts and assets will not migrate automatically, requiring customers to complete a separate onboarding process. The move follows MEXC's Oct. 28 notice that it would wind down services for France-linked users in phases and point them to an EU-regulated platform, without naming the partner at the time. Affected users are those classified as France-linked in MEXC's KYC and account records, and MEXC will email each customer their individual restriction timeline and applicable phase; new French registrations were also closed from Oct. 28. The handoff matters because it shifts a cohort of French retail accounts from an offshore exchange to a MiCA-regulated venue without preserving balances or history automatically. What to watch next is how many eligible users complete Kraken onboarding before their MEXC access ends, and whether MEXC names further EU-regulated partners for other markets.