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Ethereum World News 2023-07-05 14:16:24

Binance Australia’s Office Searched In Derivatives Investigation

Summary: Australia’s securities regulator searched the office premises of Binance Australia as part of an ongoing investigation, Bloomberg reported. This comes after the platform’s derivatives license was revoked in April after a mass liquidation incident that affected local users. Binance announced plans to sunset operations in Australia amid a “targeted review” of its business and regulatory scrutiny on multiple frontiers. The local office of Binance Australia was probed by the Australian Securities and Investments Commission (ASIC) as part of the

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