Kraken Expands with New Regulated Derivatives Platform in Bermuda

Kraken has launched a regulated derivatives trading platform in Bermuda after securing a Class F Digital Business License from the Bermuda Monetary Authority.

Offering over 200 contracts, including perpetual and fixed-maturity futures, the platform aims to provide a secure trading experience. This move underscores Bermuda’s favorable regulatory climate and Kraken’s strategy to expand internationally as U.S. regulations tighten.

Additionally, Kraken announced plans to delist Monero (XMR) in Europe due to regulatory concerns.

Clever Robot News Desk 7th October 2024

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