Australia’s ASIC Weighs Leverage Caps for Digital-Asset Derivatives
Photo: TokenPost
Australia’s financial regulator is considering leverage caps for derivatives settled in digital assets, potentially bringing some crypto contracts under stricter retail trading protections. The Australian Securities and Investments Commission (ASIC) is proposing to extend and revise its intervention order for contracts for difference, or CFDs, through 2037. The changes would include digital-asset-settled contracts within the CFD framework. Products covered by the rules would face leverage limits, mandatory closeouts when traders no longer meet margin requirements and negative-balance protection. The measures are designed to limit losses for retail investors trading leveraged derivatives.
Source: TokenPost
