CoinTelegraph 2025-05-20 13:46:28

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 an 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.” He added, “Clients and partners increasingly seek comprehensive offerings within a regulated framework.” Source: Kraken Pro Release the Kraken Kurtas said that following the deployment of the new derivatives products, “they [users] can seamlessly trade futures as part of a full suite of products” on the platform. Derivatives, he said, will improve “capital efficiency, access to liquidity, reliability and enable sophisticated strategies and position management.” Kraken’s derivatives will be offered through a Cyprus-based MiFID II-regulated entity, Payward Europe Digital Solutions. The launch follows Kraken completing its acquisition of the futures trading platform NinjaTrader earlier this month, as its first quarter revenue jumped 19% year-on-year to $471.7 million. Crypto derivatives see lots of activity Recently, Coinbase CEO Brian Armstrong said his firm will continue to look for merger and acquisition opportunities , after acquiring crypto derivatives platform Deribit. The comments came after the publicly listed US crypto exchange earlier this month agreed to acquire Deribit , one of the world’s biggest crypto derivatives trading platforms. Major crypto exchange Gemini has also recently received regulatory approval to expand crypto derivatives trading across Europe . Gemini’s head of Europe, Mark Jennings, said in a May 9 statement: “Once we commence business activities, we will be able to offer regulated derivatives throughout the EU and EEA [European Economic Area] under MiFID II.” Decentralized finance platform Synthetix also plans to venture further into crypto derivatives with plans to re-acquire the crypto options platform Derive. The transaction is subject to approval from both the Synthetix and Derive communities. Magazine: How crypto laws are changing across the world in 2025

Meist gelesene Nachrichten

KULR’s Bitcoin Strategy Yields 220%, Holdings...
2025-05-20
TRX Whale Moves, Aptos Developer Growth and $...
2025-05-20
Bitcoin to $500K? Ethereum, XRP, and MAGACOIN...
2025-05-20
Ripple – XRP Spot ETFs might be ‘only a matte...
2025-05-20
Dogecoin Chart Too Good To Ignore, Says Trade...
2025-05-20
AVAX’s DeFi Momentum Sheds Light on Ruvi AI (...
2025-05-20
Ethereum Whales Add 1.4 Million ETH as Price...
2025-05-20
Bitcoin spotted on Blackstone’s $1 trillion p...
2025-05-20

Ähnliche Neuigkeiten

Texas Bitcoin Reserve Bill SB 21 Advances With Str...
20 May 2025
Chainlink Price Prediction: Can Increased Network...
20 May 2025
Where Web3 Meets AI: Inside The Binary Holdings’ V...
20 May 2025
These 3 Altcoins Are Gaining Serious Traction – Ar...
20 May 2025
Societe Generale Boosts Crypto Ambitions with Inno...
20 May 2025
AML Agency Tells Russians: Crypto Exchanges Send U...
20 May 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen