Kraken's parent company completes acquisition of Bitnomial, obtains CFTC regulatory qualification

Techub News, according to Cointelegraph, Payward, the parent company of Kraken, has completed the acquisition of Bitnomial, obtaining regulatory qualifications from the U.S. Commodity Futures Trading Commission (CFTC) and planning to offer cryptocurrency futures and options trading services in the United States. This acquisition provides Kraken with infrastructure fully regulated by the CFTC, enabling it to legally conduct cryptocurrency derivatives business in the U.S. The deal marks a significant step for Kraken in expanding its service scope within the U.S. regulatory framework.