From the US to Australia, regulatory knot around Binance tightens
Binance Australia is being probed by the country’s financial regulators, resulting in its derivatives license getting revoked.
Cryptocurrency news by Protos · Protos
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Show Notes
Binance Australia's derivatives license has been revoked by the Australian Securities and Investments Commission as part of an ongoing "targeted review" of Binance's businesses in the country, according to a press release issued on Thursday.
The command was given in response to Binance's own request to cancel the license, following a formal hearing conducted by ASIC to consider whether to revoke it.
Listen to the article to learn how Binance tried to put a positive spin on the news.
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