The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Regulatory

ASIC wins case against crypto exchange Kraken

BY ANDREW MCKEAN | MONDAY, 26 AUG 2024 12:42PM

ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers.

Upgrade your subscription to access this article

And gain access to:

All archived news content
Access to the Financial Standard app
Home page news customisation
Financial Standard 's fortnightly newspaper
25% discount on tickets to networking events

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

Read more: ASIC, Crypto, Bit Trade, Kraken, Australia, Bitcoin, Federal Court, Sarah Court

VIEW COMMENTS

Related News

►	Vanguard to pay $13m in greenwashing case brought by ASIC
►	ASIC sees case against Rest thrown out
►	Global Capital Property to be wound up
►	Australia's best-performing super fund says no to crypto
►	Court freezes assets of company director
►	ASIC cancels fewer AFSLs in FY24
►	ASIC seeks $27m penalty against AustralianSuper
►	ASIC bans adviser who misled TPB
►	Charges dropped against Macquarie adviser
►	FCX granted 'historic' market licence by ASIC, RBA

Editor's Choice

Macquarie AM reshuffles real assets team

ELIZABETH FRY | 12:35PM

Macquarie Asset Management has consolidated three of its listed real assets businesses and reshuffled the investment team in a bid to drive synergies available to the asset class.

Australian Ethical drops investment fees

ELIZA BAVIN | 12:18PM

The super fund has lowered investment fees for superannuation and pension members.

Super Members Council names deputy chief

JAMIE WILLIAMSON | 12:44PM

Following a promotion, Georgia Brumby is now deputy chief executive of Super Members Council (SMC).

Best and worst performing ETFs revealed

ELIZA BAVIN | 12:32PM

The best and worst performing Australian ETFs have been identified in a new report from InvestSMART.

Videos

Brought to you by

Less alternative, more staple

On the front foot

Where easy meets agile

Nothing but the best

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Johann Maree

Head of Research and Training

AstuteWheel

The embedded value of digital vaults

Those of us working within the financial services industry are only too aware how important it is to safeguard sensitive information against data breaches ...

READ MORE

Lyn Formica

Head of Education & Content

Heffron Consulting

NALE: There's still work to be done

Recent legislative amendments have reduced the tax penalty for some expense shortfalls but not all.

READ MORE

Greg Joffe

Principal

Super funds need to get better as they get bigger

While rapid growth sounds like a good problem to have, many superannuation funds are wrestling with it.

READ MORE

Felipe Araujo

General Manager Sales, Marketing and Operations

Generation Development Group

Navigating the stage three tax cuts with certainty

This year, the first of July marked more than just the start of the new financial year; it was also the beginning of the government's stage three tax ...

READ MORE

Industry Events

MORE INDUSTRY EVENTS

OCT

Advisers Big Day Out - Perth

Featured Profile

MORE PROFILES

Justine Marquet

HEAD OF TECHNICAL SERVICES
ALLIANZ RETIRE+

Allianz Retire+ head of technical services Justine Marquet is at the forefront of a new and exciting phase of the retirement system, sharing how she is using her well-rounded skill set to revolutionise the next chapter. Karren Vergara writes.

READ MORE