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Australian Regulator Initiates Civil Proceedings Against This Crypto Company - Vimarsana News

Australian Regulator Initiates Civil Proceedings Against This Crypto Company

The Australian Securities and Investments Commission (ASIC) has initiated civil proceedings against Bit Trade Pty Ltd. The company allegedly failed to comply…

Source: biztoc.com
crypto exchange: Australian regulator sues crypto exchange for design, distribution failures - Vimarsana News

crypto exchange: Australian regulator sues crypto exchange for design, distribution failures

The design and distribution obligations (DDO) require firms to design financial products that meet the needs of consumers and distribute them in a targeted manner.