According to a report sourced from The Block and published by Bankless, the prominent cryptocurrency exchange Kraken has enabled its European clientele to post cryptocurrencies directly as margin for their derivatives trading activities. This move enhances the utility of digital assets by allowing them to serve as collateral, a function traditionally reserved for fiat currencies or other conventional financial instruments. The integration aims to streamline the trading process for EU-based users interested in crypto derivatives, reflecting a broader trend of expanding crypto functionality within regulated financial ecosystems.