ASIC Warns Australians Against Bitget’s “Unlicensed” Crypto Futures Offerings
The Australian regulator has issued a warning against crypto exchange Bitget for offering “unlicensed crypto futures products.” The Australian Securities and Investments Commission (ASIC) said Monday that Bitget has been offering crypto futures products with 125:1 leverage without obtaining an Australian Financial Services (AFS) license. The product was advertised as “crypto futures trading,” luring Australians…
