The SEC has charged Kraken for operating as an unregistered securities exchange, broker, dealer, and clearing agency, alleging violations of the 1934 Securities Exchange Act and seeking remedies including injunctions, disgorgement of gains with interest, and penalties.
The notional value of BTC options open interest in Deribit reached an all-time high of $15 billion last Friday, more than doubling from late September and exceeding the peak of $14.36 billion during the October 2021 bull run.