Kraken to halt some U.S. margin trading in light of regulatory guidance

https://www.theblockcrypto.com/linked/107975/kraken-to-halt-some-u-s-margin-trading-in-light-of-regulatory-guidance

"#Kraken clients based in the U.S. [who do not qualify] will no longer be able to access #margin trading."

"Any open positions will expire 28 days from the day they were opened."

"Clients outside the U.S. will not be affected."

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Kraken blog post:
https://blog.kraken.com/post/9514/new-requirements-for-u-s-and-starter-tier-clients-to-qualify-for-margin-trading

#Bitcoin  #KrakenFX #Leverage #MarginTrading #Exchange #CFTC #Regulations #TheBlock #TheBlockCrypto