Fresh news! 🌟 Kraken has launched a derivatives trading platform in Bermuda after obtaining a license from the Bermuda Monetary Authority (BMA). Bermuda is becoming a hot spot for cryptocurrency regulation, following in the footsteps of Coinbase International and HashKey Global.

- **Class F License**: Allows offering wallet services, derivatives exchange, and digital asset lending.

- **Trading Options**: Perpetual and fixed-maturity futures with over 200 contracts available.

- **Collateral**: Fiat currency and over 30 cryptocurrencies.

Kraken highlights that derivatives account for the majority of crypto trading volume. Bermuda, under the pro-crypto leadership of E. David Burt, is positioning itself as an attractive regulatory hub.

What do you think about this expansion? Leave us your comments!