[2025-07-28] The latest IT, economic, blockchain and coin news
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2025-07-28 | Curator: CryptoTerminal
ASIC Issues Warning Over Bitget's 'Unlicensed' Crypto Futures Products in Australia
The Australian Securities and Investments Commission has issued a public warning against Bitget, accusing the crypto exchange of offering high-risk crypto futures products without a license. ASIC said Bitget and its parent company, BTG Technology Holdings Limited, are promoting “unlicensed cryptocurrency futures products” to Australian investors, in a statement released Sunday. “Bitget does not hold an Australian Financial Services licence,” the regulator said, “meaning it is not permitted to pr...