$BTC | Square is trending the CFTC's push for a voluntary crypto market framework in the US. On the desk we rate a framework by what it forces into daylight, not its headline. Australia runs the mandatory version already. ASIC's Product Intervention Order (April 2021) caps retail crypto CFD leverage at 2:1, a 50 percent margin, forcing AU brokers to publish that 70 to 85 percent of retail CFD accounts lose money. The cap does not stop losses, it just slows them: a 5 to 10 percent Bitcoin day swings 10 to 20 percent of margin on an AUD 1,000 deposit holding an AUD 2,000 position. My read: a framework earns the name once it forces a number like that into view. SatoshiMacro's crypto CFD guide breaks this down.
https://satoshimacro.com/guides/forex/crypto-cfd-trading-australia/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_trend
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