Kraken Files for Regulated Perpetual Futures Through Bitnomial
Kraken has taken a significant step in expanding regulated derivatives trading for U.S. traders by filing for CFTC-regulated perpetual futures through its subsidiary Bitnomial.
The proposed products would cover BTC, ETH, SOL, XRP, and ADA perpetual derivatives, marking an important development in the U.S. crypto market.
This move is crucial because perpetual futures are a widely traded instrument globally, but access has been limited for U.S. traders due to regulatory constraints.