Kraken Unleashes Crypto Perps Trading in the US on Kraken Pro

Kraken, one of the largest cryptocurrency exchanges in the world, has launched crypto perpetual contracts trading in the US on Kraken Pro. This move comes after Kraken obtained a regulatory exemption from the Commodity Futures Trading Commission (CFTC) to offer these types of products.

The CFTC granted this exemption under certain conditions, including that Kraken would segregate client funds and maintain adequate risk management practices. This development is significant for US-based traders who can now access perpetual contracts on Kraken Pro.