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HomeCryptocurrency NewsBinance Australia Derivatives license canceled by securities regulator

Binance Australia Derivatives license canceled by securities regulator

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After conducting a focused assessment of Binance’s operations in Australia, the Australian Securities and Investments Commission (ASIC) has revoked the license of Binance Australia Derivatives.

“ASIC has today canceled the Australian financial services license held by Oztures Trading Pty Ltd trading as Binance Australia Derivatives,” the securities regulator stated in the official announcement on April 6.

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