Crypto trading platform Kraken has secured a license enabling it to offer crypto derivatives within the European Economic Area (EEA). Kraken, in an announcement, revealed that its expanded offering allows customers within the EEA to access perpetual and fixed maturity futures that are compliant with MiFID II (Markets in Financial Instruments Directive). Kraken is rolling out this feature through a Cypriot investment firm, Greenfield Wealth, that it acquired earlier this year. Why Is this Important? Kraken believes these new services will cater to the growing demand for “comprehensive offerings within a regulated framework ”among European clients. Source: X Moreover, the newly launched offering provides regulatory clarity for users, ensuring that all derivatives on the Kraken platform are recognized and compliant. Furthermore, it enables European customers to access advanced trading tools on the exchange within a regulated system. Kraken offers flexible collateral options, strong infrastructure, and robust local fiat support, which… Read More at Coingape.com
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