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Tag: Binance Australia Derivatives

Australian Regulator ASIC Canceled Binance’s Derivative Licences On The Exchanges Request!

The Australian regulator ASIC has canceled the Australian financial services license held by Oztures Trading Pty Ltd c/n/a as Binance Australia Derivatives (Binance). The move comes following a request from Binance on April 5. ASIC has been conducting a targeted review of Binance's financial services business in Australia, including its classification of retail and wholesale clients. However, the targeted review will continue, says ASIC in its press release.