Americans will be able to access the crypto futures market via Kraken. Crypto exchange Kraken announced the launch of Kraken Derivatives US at a pivotal time when three crypto bills are being approved. The regulated U.S. derivatives provider seeks to give direct access to crypto futures listed on the Chicago Mercantile Exchange (CME) through its integrated Kraken Pro trading experience.
“With this launch, Kraken clients in the U.S. can now trade futures alongside one of the world’s most liquid cryptocurrency spot markets,” said Shannon Kurtas, Head of Exchange at Kraken. “It’s a meaningful step in giving traders broad market access and increased capital efficiency within a regulated and high-performance environment.”
The Futures products and services on Kraken are provided by Ninjatrader Clearing LLC, which Kraken acquired. Ninjatrader is a regulated Futures Commission Merchant that is a member of the National Futures Association and registered with the Commodity Futures Trading Commission (“CFTC”).
As the ‘crypto week’ comes to an end, the GENIUS Act, the bill that regulates stablecoins, will head over to President Donald Trump’s desk for one final signature before it is enacted into law. The CLARITY Act, which defines digital commodities and their primary jurisdiction—the Commodities Futures Trading Commission (CFTC), and the Anti-CBDC Surveillance State Act, which prevents the Federal Reserve from offering Central Bank Digital Currencies, will head over to the Senate after clearing the House of Representatives.
