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Australian Regulator’s Win Against Kraken Sets Precedent An Australian court has ruled in favor of ASIC against Kraken's local operator, Bit Trade, over regulatory breaches concerning a margin trading product. This landmark decision highlights the growing importance of strict compliance with design and distribution obligations in the crypto space. For #Fintech and #Crypto companies, this serves as a crucial reminder to align with regulatory frameworks to avoid legal pitfalls and penalties. Now more than ever, partnering with fintech consulting experts can help navigate these complexities and ensure your products meet legal standards without stifling innovation. #CryptoRegulation #FintechConsulting #Compliance #BusinessDevelopment #CryptoNews #Investing #Blockchain https://lnkd.in/ef3x7nx4

The global EV charging market is set to grow at a staggering 26.4% CAGR by 2030, offering lucrative opportunities for ESG-focused investors and tech innovators. With the UK's infrastructure rapidly expanding, now is the time to capitalise on this transformative market. #ESG #EVCharging #Investment #TechInnovation https://lnkd.in/eHyPZ5KF

🇦🇪 We are excited to share a 🎉 Landmark Ruling 📣 : Dubai Courts Now Officially Recognize Cryptocurrency Salaries! 🇦🇪 We thrilled to share a groundbreaking development in the UAE’s legal landscape that will resonate with everyone in the digital currency and employment sectors. In a historic ruling, the Dubai Court of First Instance has recognised the payment of salaries in cryptocurrency under employment contracts, marking a significant shift from previous legal positions. Key Highlights from the 2024 Ruling: ************************************** 🔹 Crypto Salaries Upheld: The court upheld an employment contract stipulating payment in EcoWatt tokens, ordering the employer to fulfill this obligation. 🔹 Progressive Legal Shift: This decision signals a shift in the UAE judiciary’s approach to cryptocurrency, contrasting with the court’s more traditional view in 2023 when a similar claim was denied over valuation concerns. 🔹 Legal Foundations: The ruling draws on Article 912 of the UAE Civil Transactions Law and Federal Decree-Law No. (33) of 2021, highlighting the protection of contractual rights. This judgment not only validates the use of digital currencies in employment but also sets a positive precedent for their broader integration across various sectors. It’s clear that the UAE is committed to embracing modern financial practices and fostering a progressive legal environment. The UAE continues to lead the way in global financial innovation, making strides in adapting to the evolving financial landscape. ✅ If you found this information useful, contact us to see how we may be able to assist you regarding application of license to conduct a virtual assets regulated activities in Dubai and Abu Dhabi. Contact ➡ sina@bdcompany.co.uk #UAE #Dubai #Cryptocurrency #EmploymentLaw #DigitalTransformation #VirtualAssets #AbiDhabi #Crypto #Virtualassets #License