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The Daily Hodl 2023-09-23 16:55:47

Australian Financial Regulator Sues Kraken Subsidiary for Allegedly Violating Margin Trading Regulations

Australia’s financial regulator has launched a civil lawsuit against a subsidiary of the crypto exchange Kraken for allegedly failing to comply with regulations for its margin trading product. The Australian Securities and Investments Commission (ASIC) alleges that Bit Trade, Kraken’s arm of operations in the country, failed to make a “target market determination” for its The post Australian Financial Regulator Sues Kraken Subsidiary for Allegedly Violating Margin Trading Regulations appeared first on The Daily Hodl .

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