Auto Added by WPeMatico

Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation

The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for…

Continue ReadingKraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation

Kraken Crypto Exchange Fined by Australian Court

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…

Continue ReadingKraken Crypto Exchange Fined by Australian Court