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

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


Bitcoin.com
2024-09-10 02:30:44

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 clearer crypto regulations in Australia. Following the ruling, Kraken adjusted its margin product to restrict fiat margin trading for non-wholesale investors, while crypto margin extensions


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