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Kraken Launches Regulated Licensed Crypto Derivatives Trading Service in Bermuda

According to FinanceFeeds, cryptocurrency trading platform Kraken has announced the launch of a regulated derivatives exchange in Bermuda and has received a license from the Bermuda Monetary Authority (BMA) in the jurisdiction to offer crypto derivatives trading services to users. Kraken will initially offer perpetual and fixed-term contracts in Bermuda related to multiple collateral options, including fiat currencies and more than thirty cryptocurrencies.