TechFlow News, May 6: According to The Block, Kraken has launched CFTC-regulated crypto spot margin trading for U.S. retail users. Users can use their held crypto assets as collateral to trade with up to 10x leverage without first selling those assets to obtain liquidity. This product is the first offering launched by Kraken’s parent company, Payward, following its acquisition of the crypto derivatives platform Bitnomial and leveraging Bitnomial’s regulatory license. Payward previously stated that it plans to roll out regulated perpetual futures and options products for U.S. users in the future.
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