Share this article
Kraken to No Longer Offer Margin Trading for US Investors Who Don't Meet 'Certain' Requirements
Kraken said the changes come due to regulatory guidance about leveraged digital asset transactions.
Updated Sep 14, 2021, 1:08 p.m. Published Jun 9, 2021, 6:12 p.m.
Cryptocurrency exchange Kraken said it will no longer offer margin trading for U.S. clients who do not meet certain requirements.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- 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.
- Kraken said its clients outside of the U.S. at the Intermediate and Pro verification levels will not be affected.
- Non-U.S.-based clients in the Starter tier must become verified to the Intermediate tier to continue margin trading, said the exchange.
- Any open margin positions by starter tier clients and U.S. clients that have not met the new criteria will expire 28 days after the time they were opened if they haven't been settled by June 23.
- The exchange is also reportedly in talks to raise capital in a new funding round that could increase its valuation to $20 billion.
Read more: Kraken Crypto Exchange Releases Mobile App in US
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
