Kraken is making a significant push into Europe with its new MiFID II-compliant crypto derivatives platform, positioning itself as a strong competitor to OKX as the latter eyes European expansion. With this move, the exchange offers retail and institutional customers in the European Economic Area access to perpetual and fixed maturity crypto futures contracts. It’s noteworthy that the exchange’s European expansion is unfolding against a backdrop of speculation about a potential native token launch and IPO. “We’re excited to announce our launch of regulated crypto derivatives in Europe, providing our clients and partners with access to a full suite of liquid futures instruments – all within a recognized regulatory framework,” the exchange said via an official blog post. Kraken Launches Crypto Derivatives Platform in Europe According to a May 20 announcement, Kraken has launched the largest regulated crypto derivatives trading platform in Europe. Compliant with the Markets in Financial Instruments… Read More at Coingape.com

The post Kraken Launches OKX Competitor in Europe Amid IPO, Native Token Speculations appeared first on CoinGape.

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