Cryptocurrency exchange Kraken has launched a new regulated derivatives trading platform in Bermuda after obtaining a Class F Digital Business License from the Bermuda Monetary Authority. This platform offers over 200 contracts, including perpetual and fixed-maturity futures, and aims to provide a secure and reliable trading experience. The move highlights Bermuda’s supportive regulatory environment and Kraken’s strategy to expand its offerings amid increasing regulatory scrutiny in the U.S. Kraken also recently announced it will delist Monero ( XMR) in Europe due to regulatory concerns.
Kraken Launches Regulated Derivatives Platform in Bermuda
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