The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n
Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
FTX founder Bankman-Fried was later imprisoned for 25 years. The impacts of the FTX clash caused severe market crashes, while more firms filed for bankruptcy. Binance has vowed to defend itself over the allegations, saying:<\/p>\n\n\n\n \"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
FTX now says Binance and Zhao sought to harm the rival through his actions, including falsified tweets that destroyed value that would be recoverable by FTX stakeholders. The crypto exchange filed for bankruptcy<\/a> in November 2022 amid irregularities that also involved its trading firm, Alameda.<\/p>\n\n\n\n FTX founder Bankman-Fried was later imprisoned for 25 years. The impacts of the FTX clash caused severe market crashes, while more firms filed for bankruptcy. Binance has vowed to defend itself over the allegations, saying:<\/p>\n\n\n\n \"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Binance's Founder Changpeng Zhao Released From US Prison<\/a><\/p>\n\n\n\n FTX now says Binance and Zhao sought to harm the rival through his actions, including falsified tweets that destroyed value that would be recoverable by FTX stakeholders. The crypto exchange filed for bankruptcy<\/a> in November 2022 amid irregularities that also involved its trading firm, Alameda.<\/p>\n\n\n\n FTX founder Bankman-Fried was later imprisoned for 25 years. The impacts of the FTX clash caused severe market crashes, while more firms filed for bankruptcy. Binance has vowed to defend itself over the allegations, saying:<\/p>\n\n\n\n \"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The administrators claim the FTT tokens were worthless, and thus, the transfer with the now-jailed founder, Bankman-Friend, was fraudulent.<\/p>\n\n\n\n See Related: <\/em><\/strong>Binance's Founder Changpeng Zhao Released From US Prison<\/a><\/p>\n\n\n\n FTX now says Binance and Zhao sought to harm the rival through his actions, including falsified tweets that destroyed value that would be recoverable by FTX stakeholders. The crypto exchange filed for bankruptcy<\/a> in November 2022 amid irregularities that also involved its trading firm, Alameda.<\/p>\n\n\n\n FTX founder Bankman-Fried was later imprisoned for 25 years. The impacts of the FTX clash caused severe market crashes, while more firms filed for bankruptcy. Binance has vowed to defend itself over the allegations, saying:<\/p>\n\n\n\n \"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"Alameda was insolvent at the time of the share repurchase and could not afford to fund the transaction.\"<\/em><\/p>\n\n\n\n The administrators claim the FTT tokens were worthless, and thus, the transfer with the now-jailed founder, Bankman-Friend, was fraudulent.<\/p>\n\n\n\n See Related: <\/em><\/strong>Binance's Founder Changpeng Zhao Released From US Prison<\/a><\/p>\n\n\n\n FTX now says Binance and Zhao sought to harm the rival through his actions, including falsified tweets that destroyed value that would be recoverable by FTX stakeholders. The crypto exchange filed for bankruptcy<\/a> in November 2022 amid irregularities that also involved its trading firm, Alameda.<\/p>\n\n\n\n FTX founder Bankman-Fried was later imprisoned for 25 years. The impacts of the FTX clash caused severe market crashes, while more firms filed for bankruptcy. Binance has vowed to defend itself over the allegations, saying:<\/p>\n\n\n\n \"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The administrators of the FTX estate claim the repurchase deal should not have occurred. They stated that FTX and Bankman-Fried's trading house, Alameda Research, \"may have been insolvent from inception and certainly were balance-sheet insolvent by early 2021.\u201d The filing in the District of Delaware stated:<\/p>\n\n\n\n \"Alameda was insolvent at the time of the share repurchase and could not afford to fund the transaction.\"<\/em><\/p>\n\n\n\n The administrators claim the FTT tokens were worthless, and thus, the transfer with the now-jailed founder, Bankman-Friend, was fraudulent.<\/p>\n\n\n\n See Related: <\/em><\/strong>Binance's Founder Changpeng Zhao Released From US Prison<\/a><\/p>\n\n\n\n FTX now says Binance and Zhao sought to harm the rival through his actions, including falsified tweets that destroyed value that would be recoverable by FTX stakeholders. The crypto exchange filed for bankruptcy<\/a> in November 2022 amid irregularities that also involved its trading firm, Alameda.<\/p>\n\n\n\n FTX founder Bankman-Fried was later imprisoned for 25 years. The impacts of the FTX clash caused severe market crashes, while more firms filed for bankruptcy. Binance has vowed to defend itself over the allegations, saying:<\/p>\n\n\n\n \"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In a Sunday filing<\/a>, FTX refers to a July 2021 transaction in which Binance, Zhao, and others sold about 20% of their stake in FTX back to the company. Bankman-Fried is said to have negotiated to buy the stake using FTX's token FTT, with Binance issuing crypto tokens BNB and BUSD worth around $1.76 billion.<\/p>\n\n\n\n The administrators of the FTX estate claim the repurchase deal should not have occurred. They stated that FTX and Bankman-Fried's trading house, Alameda Research, \"may have been insolvent from inception and certainly were balance-sheet insolvent by early 2021.\u201d The filing in the District of Delaware stated:<\/p>\n\n\n\n \"Alameda was insolvent at the time of the share repurchase and could not afford to fund the transaction.\"<\/em><\/p>\n\n\n\n The administrators claim the FTT tokens were worthless, and thus, the transfer with the now-jailed founder, Bankman-Friend, was fraudulent.<\/p>\n\n\n\n See Related: <\/em><\/strong>Binance's Founder Changpeng Zhao Released From US Prison<\/a><\/p>\n\n\n\n FTX now says Binance and Zhao sought to harm the rival through his actions, including falsified tweets that destroyed value that would be recoverable by FTX stakeholders. The crypto exchange filed for bankruptcy<\/a> in November 2022 amid irregularities that also involved its trading firm, Alameda.<\/p>\n\n\n\n FTX founder Bankman-Fried was later imprisoned for 25 years. The impacts of the FTX clash caused severe market crashes, while more firms filed for bankruptcy. Binance has vowed to defend itself over the allegations, saying:<\/p>\n\n\n\n \"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Collapsed crypto exchange FTX has sued Binance and its former CEO Changpeng Zhao, for the alleged fraudulent repurchase of shares by its former chief and founder, Sam Bankman-Fried.<\/p>\n\n\n\n In a Sunday filing<\/a>, FTX refers to a July 2021 transaction in which Binance, Zhao, and others sold about 20% of their stake in FTX back to the company. Bankman-Fried is said to have negotiated to buy the stake using FTX's token FTT, with Binance issuing crypto tokens BNB and BUSD worth around $1.76 billion.<\/p>\n\n\n\n The administrators of the FTX estate claim the repurchase deal should not have occurred. They stated that FTX and Bankman-Fried's trading house, Alameda Research, \"may have been insolvent from inception and certainly were balance-sheet insolvent by early 2021.\u201d The filing in the District of Delaware stated:<\/p>\n\n\n\n \"Alameda was insolvent at the time of the share repurchase and could not afford to fund the transaction.\"<\/em><\/p>\n\n\n\n The administrators claim the FTT tokens were worthless, and thus, the transfer with the now-jailed founder, Bankman-Friend, was fraudulent.<\/p>\n\n\n\n See Related: <\/em><\/strong>Binance's Founder Changpeng Zhao Released From US Prison<\/a><\/p>\n\n\n\n FTX now says Binance and Zhao sought to harm the rival through his actions, including falsified tweets that destroyed value that would be recoverable by FTX stakeholders. The crypto exchange filed for bankruptcy<\/a> in November 2022 amid irregularities that also involved its trading firm, Alameda.<\/p>\n\n\n\n FTX founder Bankman-Fried was later imprisoned for 25 years. The impacts of the FTX clash caused severe market crashes, while more firms filed for bankruptcy. Binance has vowed to defend itself over the allegations, saying:<\/p>\n\n\n\n \"The claims are meritless, and we will vigorously defend ourselves.\"<\/em><\/p>\n","post_title":"FTX Seeks $1.8B Against Binance And Former CEO Zhao In New Dramatic Lawsuit","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ftx-seeks-1-8b-against-binance-and-former-ceo-zhao-in-new-dramatic-lawsuit","to_ping":"","pinged":"","post_modified":"2024-11-18 02:47:04","post_modified_gmt":"2024-11-17 15:47:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19455","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19391,"post_author":"21","post_date":"2024-11-08 04:36:31","post_date_gmt":"2024-11-07 17:36:31","post_content":"\n Cryptocurrency exchange, Kraken, has launched crypto-based derivatives trading for its Australian clients. The new licensed service targets institutional and large-scale Australian investors.<\/p>\n\n\n\n The company says investors will access the new service via its Australian financial services licensed broker. The November 3 announcement<\/a> further stated:<\/p>\n\n\n\n \u201cWith over 200 tradable assets, we are offering multi-collateral support (including fiat, stablecoin, and crypto) to be held in one of the most robust crypto custodial solutions available. Client support services are available 24\/7\/365.\u201d<\/em><\/p>\n\n\n\n Kraken advised investors to check eligibility for trading the crypto derivative product via the Kraken Pro app. Prospective wholesale clients can explore the derivative product through the Eligibility for Derivatives Trading on the Kraken in Australia support page.<\/p>\n\n\n\n See Related:<\/em><\/strong> Kraken Exchange Opens Waitlist For An Upcoming NFT Platform<\/a><\/p>\n\n\n\n The company notes that offering the crypto-based derivative via a licensed broker is a step toward aligning with regulatory mandates. Kraken's GM for Australia and the Rest of the World, Jonathon Miller, says the \"new premium product\" meets investors' needs for advanced trading strategies via a licensed broker backed by high-security standards.<\/p>\n\n\n\n Miller also stressed Australia's importance as a cornerstone of its global operation and reiterated the need for regulatory compliance<\/a> to unlock institutional investors' demand for digital assets.<\/p>\n","post_title":"Kraken Expands Into Australia With A Licensed Crypto Derivatives Product","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kraken-expands-into-australia-with-a-licensed-crypto-derivatives-product","to_ping":"","pinged":"\nhttps:\/\/blog.kraken.com\/product\/aus-licensed-broker-offering","post_modified":"2024-11-08 04:36:41","post_modified_gmt":"2024-11-07 17:36:41","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19391","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n
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Crypto Derivative Underlines Kraken's Commitment To Compliance<\/h2>\n\n\n\n