Kraken Goes Offshore! 🌊
- Cryptocurrency exchange Kraken has launched a new derivatives trading platform in Bermuda.
- Having received a license from the Bermuda Monetary Authority, Kraken now offers futures and other derivatives.
- This move comes as the SEC tightens its control in the US, forcing companies to look for offshore opportunities.
- Bermuda is becoming a popular destination for crypto businesses due to its clear regulations.