Launches Crypto Derivatives in Europe — TradingView News
Kraken announced yesterday (Tuesday) the launch of its crypto derivatives products for European customers. The services are being offered under a Cyprus licence acquired by the American crypto exchange earlier this year.
Kraken Begins Operating from Cyprus
The exchange can passport its Markets in Financial Instruments Directive (MiFID II) licence from Cyprus to offer crypto derivatives across other countries in the European Economic Area (EEA).
FinanceMagnates.com previously reported that Kraken obtained the Cyprus licence by purchasing a local entity formerly linked to contracts for differences (CFDs) broker Pacific Union Group, now operating as PU Prime outside Cyprus.
The latest announcement confirmed that Kraken will offer both…
