1. Home
  2. ASIC
  3. Kraken Crypto Exchange Operator Fined by Australian Court
Kraken Crypto Exchange Operator Fined by Australian Court

Kraken Crypto Exchange Operator Fined by Australian Court

0

Source: Bitcoin.com

Court Ruling in Kraken's SEC Lawsuit Echoes Ripple Decision, Says Kraken's Legal ChiefThe 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 […]

Go to Source
Author: Kevin Helms