Kraken has launched Kraken Borrow US for eligible customers in 48 U.S. states. Users can borrow against supported assets to purchase additional crypto, with total buying power reaching up to three times the value of eligible collateral. The product imposes no fixed repayment deadline or required minimum payment, but interest accrues on outstanding balances and liquidation risk remains if collateral values decline. This launch reflects a broader trend of U.S. exchanges reintroducing leverage products within regulated structures, following years of regulatory uncertainty in the American crypto market.
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