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Bookmarking Crypto InsightsSat, 24 Aug 2024 11:20:04 +0000en-US
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3232Kraken Crypto Exchange Fined by Australian Court
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Sat, 24 Aug 2024 11:20:04 +0000https://www.digit.info/kraken-crypto-exchange-fined-by-australian-court/Read more]]>The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer […]
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer […]
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