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Cryptocurrency Ecosystem => Crypto Exchanges => Kraken => Topic started by: H2O on June 16, 2021, 07:00:34 PM

Title: Kraken Will No Longer Offer Margin Trading to Certain U.S. Clients
Post by: H2O on June 16, 2021, 07:00:34 PM

Cryptocurrency exchange Kraken will no longer offer margin trading to some of its U.S. customers who fail to comply with its requirements starting from June 23, according to a June 9 blog post.   
The trading platform didn't specify what these requirements are, claiming that the clients will be informed about them by email.
Kraken strengthening the restrictions on leveraged trading due to regulatory issues:   
Kraken is making these changes in light of regulatory guidance about leveraged digital asset transactions.information (https://cryptonews.net/780043/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)