Between July 2022 to April 2023, the exchange classified more than 500 retail investors as 'wholesale clients,' allowing them to trade crypto derivative products. On Wednesday, the Australian ...

Binance Australia has been directed to appoint an external auditor by the country's anti-money laundering (AML) regulator. Australian Transaction Reports and Analysis Centre (AUSTRAC) said it has ...

The Australian financial services regulator sued Binance Australia Derivatives for allegedly misclassifying over 500 retail clients, denying key legal protections. The Australian Securities and ...

Beleaguered crypto company Binance must tighten up its compliance controls covering anti-money laundering and counter-terrorism and add an independent auditor if it wants to keep doing business in ...

Australia has ordered the local arm of the world's largest cryptocurrency exchange, Binance, to appoint an external auditor after identifying "serious concerns" with its money laundering and terrorism ...

Australian authorities have ramped up efforts to combat a sophisticated crypto scam that is deceiving investors by impersonating Binance, the world’s largest cryptocurrency exchange by trading volume.

Australian authorities have intensified efforts to combat crypto scammers impersonating Binance, the world's largest cryptocurrency exchange by trading volume. The Australian Federal Police (AFP), ...

The Australian Transaction Reports and Analysis Centre (Austrac) has taken decisive action against Binance, the world’s largest cryptocurrency exchange in terms of trading volume and scope of ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. ASIC alleges from 7 July 2022 to 21 April 2023, Binance offered crypto ...

Since mid-2023, Binance Australia users have only been able to deposit or withdraw fiat funds from their crypto exchange accounts via debit or credit card. Crypto exchange Binance has reintroduced ...