EconomyAustralia moves to close crypto derivatives loophole after retail traders lose A$458 million
Australia’s securities regulator has proposed extending retail leverage restrictions to qualifying derivatives settled in digital assets, aiming to close a gap in existing rules. The proposal follows a finding that retail CFD clients lost more than A$458 million in 2023–24; the figure covers CFDs across asset classes, not crypto derivatives alone.
Australia moves to close crypto derivatives loophole after retail traders lose A$458 million
Economy