Bitcoin

eToro United States Dollar

ASIC discovered that eToro’s target market was too broad and its screening test ineffective in excluding unsuitable customers for CFDs (Contract for Difference).Crypto trading platform eToro is facing serious trouble as the Australian Securities and Investments Commission (ASIC) takes legal action against them. The regulator <a href="https://cryptosheadlines.com/sec-files-lawsuit-against-binance-for-unregistered-securities-operations/" rel="noopener noreferrer nofollow">filed a lawsuit</a>, claiming that eToro Aus Capital Ltd. has been <a href="https://cryptosheadlines.com/paypal-improves-crypto-offerings-for-60-million-venmo-users-allowing-transfers-to-external-wallets-and-exchanges/" rel="noopener noreferrer nofollow">offering high-risk leverage derivative products that allow users</a> to speculate on cryptocurrencies.According to ASIC’s official statement on August 3, they accused eToro of violating the distribution and design obligations of its contract for difference (CFD) product. eToro’s platform offers a range of CFDs, which are leveraged derivatives contracts. <a href="https://cryptosheadlines.com/asic-sues-etoro-for-high-risk-derivative-products/" rel="noopener noreferrer nofollow">Read More...</a>

ASIC Sues eToro for High-Risk Derivative Products

CryptosHeadlines.com

Другие статьи, опубликованные 3 авг. 2023 г.

Coinbase Likely to See Non-Trading Revenue Surpass Trading in Q2

When is the Next Bitcoin Halving?

Minnesota man loses $9.2 million in a Crypto pig-butchering scam spreading through LinkedIn

HashKey Acquires License to Offer Crypto Trading in Hong Kong

Elon Musk tweets and Twitter bot spam influences altcoin prices: Study

Worldcoin plans to open-source design of iris-scanning orbs

Join our free newsletter for daily crypto updates!