Australia fines Kraken’s operator $5m for unlawful credit facility

2024-12-12 10:17

Kraken’s Australian entity, Bit Trade, is facing a multi-million fine for failing to comply with rules requiring a target market determination for its margin extension product. The Australian operator of the Kraken crypto exchange, Bit Trade, has been fined AUD…

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kraken australian bit trade operator extension product

Источник: btcmanager.com

kraken australian → Результатов: 15


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Kraken slams Australia’s regulatory uncertainty following court ruling on fiat margin trading

Kraken, one of the leading cryptocurrency exchanges, has raised concerns about the lack of regulatory clarity in Australia following a Federal Court ruling against its fiat margin trading product. The ruling, which sided with the Australian Securities and Investments Commission (ASIC), underscores the need for tailored regulation in the country’s rapidly growing crypto sector. In […]

2024-9-10 17:17


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Australia: Nearly 20% of Millennials Prefer Crypto Investments over Real Estate

Two-fifths of Australian millennials prefer crypto assets over real estate when it comes to investing, survey shows. Banking on Crypto Adoption According to a recent survey conducted by cryptocurrency exchange Kraken, about 40 percent of Australian millennials believe that investing in crypto is the key to long-term success as confidence in traditional savings instruments continuesRead More

2021-6-7 12:00


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Kraken Acquires Australian Crypto Platform Bit Trade

The global crypto exchanges industry continues to consolidate as some smaller players bow out and the big players try to gobble up as much as they can of the rest. As part of this trend, Kraken has now taken over the Australian platform Bit Trade in a bit to strengthen its foothold in the Asia […] The post Kraken Acquires Australian Crypto Platform Bit Trade appeared first on Bitcoin News.

2020-1-16 15:13


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