Binance Australia

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Regulation

ASIC Claims Binance Misclassified 83% of Australian Client Base, Takes It To Court

The regulator launches legal action against Binance Australia for misclassifying retail investors, exposing them to high-risk crypto products.
The exchange had already paid approximately $13 million in compensation to affected clients in 2023.

Wednesday, 18/12/2024 | 07:30 GMT by Damian Chmiel

CryptoCurrency

Australia's Top Bank Halts Payments to Selected Crypto Exchanges

Last month a similar move was announced by Westpac.
Recent actions show that Australia is restricting access to crypto.

Thursday, 08/06/2023 | 10:56 GMT by Damian Chmiel

CryptoCurrency

Binance Ceases Australian Dollar Trading amid Struggles with Banking Issues

Trading via credit and debit cards or P2P marketplace is not affected.
The exchange said it is still searching for an alternative banking partner.

Thursday, 01/06/2023 | 15:02 GMT by Jared Kirui

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