Kraken expands in Europe with regulated crypto derivatives

Cryptocurrency exchange Kraken announced the launch of regulated derivatives trading on its platform under the European Union's Markets in Financial Instruments Directive (MiFID II). According to a May 20 announcement, Kraken’s perpetual and fixed maturity crypto futures contracts will be available for trading by retail and institutional customers in the European Economic Area (EEA). The announcement follows the exchange acquiring a MiFID license in early February through the acquisition of a Cypriot investment firm, approved by the Cyprus Securities and Exchange Commission. Kraken’s head of exchange, Shannon Kurtas, said “Europe is one of the fastest-growing regions for digital asset trading and investment, with some of the most sophisticated and demanding clients and institutions source: https://cointelegraph.com/news/kraken-launches-regulated-crypto-derivatives-europe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound