Kraken Launches Crypto Derivatives for Australian Clients After Regulatory Setback

Nov 3, 2024, 10:49 PM

U.S.-based crypto exchange Kraken has launched a new suite of crypto derivatives products for Australian wholesale clients. This move comes after a regulatory setback and aims to align with local regulatory standards. Eligible wholesale clients in Australia can now trade crypto derivatives without holding the underlying assets. The services are offered via Kraken's Australian financial services licensed broker.