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As of June 23, some US customers who do not comply with the requirements will no longer be offered margin trading, according to a statement from cryptocurrency exchange Kraken.
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The exchange stated that customers will be informed about the issue via e-mail and did not make a statement about what these requirements are.
Kraken is strengthening restrictions on leveraged trading due to regulatory issues.
Kraken is making these changes in light of regulatory guidance on leveraged digital asset transactions.
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Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.