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Kraken’s Australian Entity Loses Major Legal Battle to ASIC: What’s Next?
In the rapidly evolving landscape of cryptocurrency regulation, the Federal Court of Australia’s recent decision against Bit Trade Pty Ltd, the local operator for the cryptocurrency exchange Kraken, marks a pivotal moment. This ruling sheds light on the importance of compliance with the Corporations Act, particularly concerning the provision of margin extension products to retail…
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$2.71 Billion in Bitcoin Moved to a New Address by Notable Entity
The Giant Stir in the Crypto World: A $2.71 Billion Bitcoin Move Imagine waking up one day to the news that a treasure chest, long thought to be lost, has just started to unlock its contents. That’s exactly what happened in the digital world when a once-titan of the cryptocurrency exchange arena, which had its…