Kraken Secures EU License to Offer Crypto Derivatives

The acquisition of a Cypriot firm grants Kraken a MiFID license, enabling expansion into the European Union's regulated crypto derivatives market.

Kraken has obtained a Markets in Financial Instruments Directive (MiFID) license, allowing it to offer crypto derivatives across the 27 EU member states.
The license was secured through the acquisition of a Cypriot investment firm approved by the Cyprus Securities and Exchange Commission (CySEC).
Kraken plans to launch its derivatives trading products in the EU in the coming months, targeting advanced traders with flexible and capital-efficient options.
This development is part of Kraken's broader strategy to expand its presence in Europe, a key growth market for crypto derivatives trading.
The license acquisition follows regulatory challenges Kraken has faced in other regions, including legal disputes with U.S. and Australian authorities.