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Corporate watchdog Krakens it at cryptocurrency exchange

Summary by Ground News
ASIC is seeking penalties and an order from the court directing Bit Trade to comply with the new laws. Jonathon Miller, managing director for the group's Australian business, said Kraken took compliance seriously. Kraken is an AUSTRAC registered Digital Currency Exchange. The group is disappointed ASIC has taken the action.

1 Articles

Sydney Morning HeraldSydney Morning Herald
Lean Left

Corporate watchdog Krakens it at cryptocurrency exchange

The Australian Securities and Investments Commission has launched court action against one of the world’s biggest cryptocurrency exchanges, alleging the group is flouting Australian law.

·Sydney, Australia
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  • 100% of the sources lean Left
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Sydney Morning Herald broke the news in Sydney, Australia on Thursday, September 21, 2023.
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