Kraken opens crypto collateral for derivatives trading across the EU

Techub News, according to The Block, Kraken will now allow traders to post crypto collateral within the EU via its MiFID-regulated derivatives platform, an extension of its business licensed under MiCA by the Central Bank of Ireland. Earlier this year, the exchange began rolling out derivatives in the EU, initially using fiat currency as collateral, and worked with regulators to educate them about crypto-native criminals.