According to official news, cryptocurrency exchange Kraken has announced the acquisition of a European Union Markets in Financial Instruments Directive (MiFID) license through the acquisition of a Cypriot investment firm that recently received approval from the Cyprus Securities and Exchange Commission (CySEC), a move that enables Kraken to offer compliant and regulated derivatives to cryptocurrency traders in selected European Union markets. In the coming months, Kraken will work to meet the listing conditions and launch related products on the European Union local market.