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ASIC Initiates Civil Proceedings Against Bit Trade for Alleged Compliance Failures

Australia's regulatory body, the Australian Securities and Investments Commission (ASIC), has initiated legal proceedings against Bit Trade Pty Ltd, the provider of the Kraken cryptocurrency exchange for Australian users...

ASIC Initiates Civil Proceedings Against Bit Trade for Alleged Compliance Failures
Australia's regulatory body, the Australian Securities and Investments Commission (ASIC), has initiated legal proceedings against Bit Trade Pty Ltd, the provider of the Kraken cryptocurrency exchange for Australian users, for breaching design and distribution obligations related to its margin trading product.
ASIC Deputy Chair Sarah Court said, ...
Read More: ASIC Initiates Civil Proceedings Against Bit Trade for Alleged Compliance Failures

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