🚀 Kraken opens derivatives exchange in Bermuda after receiving BMA license! 🇧🇲

- Bermuda is increasingly attractive for crypto operations. Kraken follows Coinbase International and HashKey Global in coming here.

- Kraken receives Class F Digital Business license from BMA, offering wallet services, derivatives trading, digital asset lending, and more.

- Alexia Theodorou of Kraken Derivatives praises BMA's licensing process, consumer protection, and transparency.

Initial products: perpetual and fixed-term futures, with over 200 contracts. Collateral includes fiat and over 30 cryptocurrencies.

- Kraken's Shannon Kurtas expects strong growth in derivatives trading volume.

Bermuda is thriving under the leadership of Premier E. David Burt, with major companies like Binance and Coinbase investing there.

👉 What do you think about this move by Kraken? Share your opinion! 💬