On September 10, the Australian Federal Court ruled that Kraken's fiat currency margin expansion is subject to the Design and Distribution Obligations (DDO) of the Corporations Act, while cryptocurrency margin expansion is not restricted. Kraken acknowledged this and has adjusted its margin products to restrict retail investors from trading in fiat currency margin, but cryptocurrency margin trading remains unchanged. Kraken also called on Australia to formulate clearer regulations for the crypto industry, saying that the current legal environment is not conducive to industry innovation and development.