Australia proposes leverage limits for crypto-settled derivatives

- ASIC (the Australian Securities and Investments Commission) has proposed introducing leverage limits and negative balance protection for certain derivatives settled in digital assets.
- The proposal aims to extend existing safeguards to the crypto-settled derivatives sector.
- Details about the specific limits and implementation timeline were not included in the RSS description.

#CryptoNews #ASIC #CryptoRegulation #Derivatives #BinanceSquare

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Source: CoinTelegraph