Kraken Smashes Into EU Derivatives—Snags MiFID License in Power Play
Kraken just flipped the script—Europe’s derivatives market is officially in its crosshairs. The exchange bulldozed its way in by acquiring MiFID licenses, sidestepping regulatory hurdles like a pro.
Why it matters: This isn’t just another crypto exchange dipping toes in new waters. Kraken’s going straight for the jugular of traditional finance’s most guarded playground—derivatives trading. And they’re doing it while Wall Street still argues over ’crypto risk.’
Bonus jab: Watch legacy banks suddenly remember they ’always believed in blockchain’ now that Kraken’s eating their lunch.