Kraken Flexes Cyprus License: Unleashes Crypto Derivatives Across Europe
Kraken—never one to let a regulatory license gather dust—just flipped the switch on crypto derivatives trading in Europe. The move comes after securing its Cyprus foothold, proving once again that crypto exchanges treat compliance like a checkbox sport.
Why Europe? Because nothing says ’bullish’ like betting on volatility while sipping espresso. Traders now get leveraged exposure without hopping through the usual offshore hoops—take that, legacy finance.
One catch? The ghosts of 2008 might whisper ’here we go again’ as synthetic products flood the market. But hey, at least this time it’s decentralized. Mostly.