Kraken to No Longer Offer Margin Trading for US Investors Who Don’t Meet ‘Certain’ Requirements
- Date: 10-Jun-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Kraken to No Longer Offer Margin Trading for US Investors Who Don’t Meet ‘Certain’ Requirements
Cryptocurrency exchange Kraken said it will no longer offer margin trading for U.S. clients who do not meet certain requirements.
In a blog post Wednesday, Kraken said the changes are due to regulatory guidance about leveraged digital asset transactions.
The exchange didn't specify what those new requirements are, just that they will be communicated via email.