{"id":27680,"date":"2025-05-20T13:18:11","date_gmt":"2025-05-20T13:18:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27680"},"modified":"2025-05-20T13:18:11","modified_gmt":"2025-05-20T13:18:11","slug":"kraken-rolls-out-regulated-crypto-derivatives-in-europe","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27680","title":{"rendered":"Kraken Rolls Out Regulated Crypto Derivatives in Europe"},"content":{"rendered":"<div>\n<p>Kraken is rolling out regulated crypto derivatives trading in Europe, compliant with the European Union&#8217;s Markets in Financial Instruments Directive (MiFID II).<\/p>\n<p>The crypto exchange&#8217;s perpetual and fixed maturity futures contracts will now be available for retail and institutional customers in the European Economic Area (EEA), the firm said on Tuesday. <\/p>\n<p>Permission to trade crypto derivatives came via a Cypriot investment firm called Greenfield Wealth, which <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/02\/04\/kraken-secures-license-to-enter-eu-derivatives-market\">Kraken acquired earlier this year<\/a>, securing the exchange a license from the Cyprus Securities and Exchange Commission (CySEC).<\/p>\n<p>The crypto derivatives space has seen some significant moves lately, with big players like U.S.-listed Coinbase (COIN) acquiring leading trading platform Deribit. In Europe, exchanges such as <a href=\"https:\/\/www.coindesk.com\/business\/2025\/01\/21\/bitstamp-to-roll-out-regulated-derivatives-trading-in-europe-sources\">Bitstamp<\/a> and <a href=\"https:\/\/www.coindesk.com\/policy\/2025\/05\/09\/gemini-secures-mifid-ii-license-from-malta-to-offer-derivatives-in-eea\">Gemini <\/a>are entering the fold, while the MiFID II license held by FTX EU has been acquired by <a href=\"https:\/\/www.coindesk.com\/business\/2025\/01\/07\/ftx-eu-sold-to-backpack-exchange-plans-regulated-crypto-derivatives-push-across-europe\">BackPack<\/a>.<\/p>\n<p>Kraken also made a $1.5 billion acquisition of <a href=\"https:\/\/www.coindesk.com\/business\/2025\/03\/20\/kraken-buys-ninjatrader-for-usd1-5b-to-enter-u-s-crypto-futures-market\">NinjaTrader<\/a> to drive derivatives trading in the U.S. As well as its European license, Kraken acquired Crypto Facilities, a U.K. FCA-regulated crypto futures platform, in 2019.<\/p>\n<p>Kraken\u2019s joined-up approach means the contracts European clients will have access to already command a relatively high volume, roughly between $1 billion and $2 billion per day, according to\u00a0Shannon Kurtas, head of exchange at Kraken.<\/p>\n<p>\u201cThis is not offering access to a new trading venue or new contracts,\u201d Kurtas said in an interview. \u201cThese are existing contracts that have material volume trading on them and along with that comes established liquidity, better execution costs and fiat rails for getting collateral in and out efficiently and cheaply.\u201d<\/p>\n<p>The recent introduction of Kraken\u2019s <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250429878133\/en\/Kraken-Launches-Embed-a-Crypto-as-a-Service-Enabling-Banks-and-Fintechs-to-Provide-Clients-Seamless-Access-to-Crypto\">Embed<\/a> crypto connectivity application means neobanks and fintechs in Europe can also offer derivatives, as well as spot, to their clients, Kurtas said.<\/p>\n<p>Picking up licenses in smaller and arguably more nimble jurisdictions like Cyprus and Malta has become a well-trodden path for Crypto firms with deep pockets.<\/p>\n<p>\u201cMore nimble is probably a fair characterization,\u201d Kurtas said. \u201cAlso, there&#8217;s been an established set of firms, particularly in the CFD space, who traditionally have offered retail access to FX derivatives and CFDs, and so there&#8217;s kind of a nexus of individuals, firms and know-how, if you will, in the area for these products.\u201d<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kraken is rolling out regulated crypto derivatives trading in Europe, compliant with the European Union&#8217;s Markets in Financial Instruments Directive (MiFID II). The crypto exchange&#8217;s perpetual and fixed maturity futures contracts will now be available for retail and institutional customers in the European Economic Area (EEA), the firm said on Tuesday. Permission to trade crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27680","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27680"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27680\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}