Man Faces 20-Year Prison Sentence in Crypto Money Laundering Case
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Kraken Crypto Exchange Fined by Australian Court

The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized the need for compliance in the crypto industry, aiming to ensure consumer […] Source: https://news.bitcoin.com/kraken-crypto-exchange-fined-by-australian-court/

This week in Coins
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This Week in Coins: Sideways Days Slide into a Bitcoin Rise

Illustration by Mitchell Preffer for Decrypt. It was a fairly uneventful week in the crypto world… until Friday. The action-packed end to the week came with an increase in the price of Bitcoin, buoyed by crypto market optimism after Federal Reserve Chair Jerome Powell gave his strongest signal yet that he will slash interest rates come September. The price of the…

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