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Kraken Crypto Exchange Operator Fined by Australian Court

by crypetonews
August 24, 2024
in Crypto Updates
Reading Time: 1 min read
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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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Tags: AustralianCourtcryptoExchangeFinedKrakenOperator
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