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Showing 1 - 5 of 5 results for "Bit Trade"

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
Bit Trade, the operator of the Kraken Exchange in Australia, has been slapped with an $8 million fine for "unlawfully issuing a credit facility to more than 1100 customers." Bit Trade offered a "margin extension" product, which allowed payments to be ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
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. Bit Trade's ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
ASIC has commenced civil penalty proceedings against Bit Trade, provider of crypto exchange Kraken, following alleged failures to adhere to design and distribution obligations for margin products offered to Australian customers. Since the introduction ...

HUB24 lures talent as growth strategy progresses

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... Fenner will assist in supporting the platform's high profile business partnerships. He has previously held roles with Bit Trade and ICAP, and is a former treasurer of the Australian Digital Currency and Commerce Association. To further support the growth ...

All roads leading to China's "one road"

BENJAMIN ONG  |  TUESDAY, 31 MAR 2015
"If you build it, they will come." Reports have it that China's fresh steps to strengthen its weakening housing market - by lowering down-payments, reducing taxes and easing restrictions on the use of retirement savings for home purchases - and expectations ...
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