The post ASIC Targets Kraken’s Australian Provider Bit Trade Over Failings in Margin Trading Product appeared first on Coinpedia Fintech News The Australian Securities and Investments Commission (ASIC) has initiated civil penalty proceedings against Bit Trade Pty Ltd, responsible for providing the Kraken crypto exchange services in Australia. The regulatory body accuses Bit Trade of not adhering to the design and distribution obligations for its margin trading product offered to Australian users. As a result, Bit …
