Australian regulator sues Kraken provider Bit Trade for $13M in user losses
ASIC said Bit Trade did not comply with the design and distribution obligations tied to its margin trading product.
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ASIC said Bit Trade did not comply with the design and distribution obligations tied to its margin trading product.
Oluwapelumi Adejumo 2 min read
Yuga said it will end support for OpenSea's marketplace contract, Seaport.
Financial watchdog ASIC clamps down on eToro over broad CFD target markets
Australian regulators have lately increased efforts to regulate the cryptocurrency industry.
NAB said it has introduced new measures aimed at better protecting its customers from scams.
The company originally discontinued its derivatives platform in April.
Users will be able to access AUDD via XRPL-enabled wallets and use the stablecoin to make payments or trade other XRPL-based tokens.
Commonwealth Bank follows Westpac in restricting payments to crypto exchanges.
Bitcoin and other digital assets are trading at a significant discount on Binance Australia as the exchange experiences AUD liquidity issues.