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BREAKING: Cryptocurrency Giant Succumbs to Aussie Bureaucracy, Abandons All Hope and Freedom – NOW ONLY AVAILABLE WITH EXTRA PAPERWORK!

A  Australian bureaucrat is shown holding a large stack of paperwork and wearing a stern expression as they stand over a defeated-looking cryptocurrency giant, represented by a broken robot with chains binding its arms.

The Crypto Circus Continues: Kraken Adjusts Margin Product Amid Australian Regulatory Frenzy.

Source: bitcoin.com

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 remain unaffected. The company reaffirmed its commitment to compliance and called for improved legal clarity […]

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