Kraken Unleashes Crypto-Collateralized Futures in Europe

Kraken has made a significant move for European traders, introducing crypto-backed futures trading for the first time on its platform. The new feature allows users to utilize Bitcoin (BTC), Ethereum (ETH), and select stablecoins as collateral for perpetual contracts on Kraken Pro, making them one of the earliest fully regulated exchanges in the EU to offer this service. This expansion aligns with MiCA regulations in Ireland and Cyprus. 💰 💻