Kraken Launches CME Bitcoin and Ethereum Futures Contract Trading Services in the US

Kraken officially launched CME Bitcoin and Ethereum futures contract trading services in the United States this Thursday, marking its first entry into the U.S. compliant derivatives market. This move coincides with the U.S. Congress passing the landmark digital asset bills GENIUS and CLARITY. The new regulations will bring a clearer regulatory framework to the industry, while further consolidating the U.S. Commodity Futures Trading Commission's (CFTC) position as the primary regulatory agency. At the same time, the U.S. SEC has formally withdrawn enforcement actions against three major crypto companies, including Kraken. (Decrypt) [Odaily Planet Daily News]