On July 24, the Commodity Futures and Trading Commission (CFTC) announced that it is granting a no-action relief to Small Exchange, which is owned by Kraken, regarding its Designated
- The CFTC has granted Kraken's Small Exchange a no-action relief, allowing it to restart regulated derivatives trading without immediate enforcement concerns.
- This relief enables Kraken to expand its regulated derivatives business in the U.S. and explore traditional finance offerings, including tokenized securities.
- The move aligns with a pattern of targeted regulatory accommodations for crypto firms, balancing innovation with oversight.
Topics: Jurisdictions, Legal regulatory, Infrastructure providers, Regulatory sandboxes pilots, Licensing issuer obligations, Tokenization platforms
Tags: #cftc #kraken #smallexchange #noactionrelief #derivativestrading #designatedcontractmarket #tokenizedsecurities #xstocks #federalreservemasteraccount #regulatedfutures