Kraken provides the European Union MIFID license, and expands the offers in the European Union

KAKEN, a well -known cryptocurrency, recently in the X Publishing, announced that the stock exchange has received a market certificate in directing financial tools (MIFID). This Kraken certificate will help present its offers within the European Union.

Why are you?

It is said that the MIFID certificate is strict and it is known that it guarantees the protection of investors, market safety and transparency. It is a standard for organizational excellence and confirms that the recipient promotes the fair and effective market for its users. The certificate is also very well recognized and respected throughout the European Union.

KAKEN has bought a licensed financial company in Cyprus (Cypriot Investment Company) to facilitate the followers of the European Union regulations. This acquisition helped the exchange platform obtaining the permits and infrastructure needed to carry out its operations in the European Union region faster and efficiently.

The main reason for this certificate is to show its users that it can follow the strict regulations set by the European Union and protect investors whenever needed without manipulating the market. This certificate also indicates that the stock exchange is worthy and reliable for people to use and operate.

Kraken to expand the European Union

With this development, Kraken will now provide completely derived products in the regulating trading environment in Europe. “As we continue to expand our services all over the world, our focus on the European market remains a top priority,” says Shannon Courtas, a co -co -participated in Pro & Exchang. This step is not only going to enhance the stock market’s regulatory framework, but it will also show its users that the stock exchange meets all the necessary trading requirements.

Currently, Europe is one of the most active coding and expansion areas in the European Union as a strategic step. The exchange plans to provide a variety of organized derivative products, supported by various side currencies. With this development, there is one clear thing that the exchange is committed to security, compliance and innovation is still fixed.

Also read: Solana Reader after the market’s failure: Dead Cat Loons or the reflection of trend?