Cryptocurrency exchange Kraken has launched a derivatives trading platform in Bermuda, receiving a license from the BMA. 🌴
- Kraken has joined Coinbase and HashKey Global in choosing Bermuda for regulation.
- The license allows Kraken to provide wallet services, derivatives trading, and digital asset lending.
- The new platform offers over 200 contracts, including fiat and 30+ cryptocurrencies.
While other jurisdictions make life difficult for crypto businesses, Bermuda continues to attract big players.