Kraken News: Kraken Opens Crypto Collateral Trading on EU Derivatives Platform

Kraken now allows crypto collateral for futures trading in the EU. Consequently, this regulated move boosts European capital efficiency. Crypto exchange Kraken will now allow traders to post cryptocurrencies as collateral . This is a key feature of its MiFID-regulated derivatives platform in the European Union. As a result, this pre-empts Kraken Pro as the first regulated venue. The statement was made by Alexia Theodorou, Director of Derivatives at Kraken. Regulated Platform Enhances Capital Efficiency for EU Clients In particular, this move efficiently completes the exchange’s offerings in the EU. The exchange spearheaded derivatives trading in the bloc in May....