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in Tech

Australian regulator cancels Binance’s license at exchange’s own request

by Editor April 6, 2023, 3:46 pm 1.2k Views

Australian regulator cancels Binance's license at exchange's own request

The logo of cryptocurrency exchange Binance displayed on a phone screen.

Jakub Porzycki | NurPhoto via Getty Images

Binance’s Australian derivatives license was canceled at the crypto exchange’s own request, the Australian Securities & Investments Commission

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Thursday, after the regulator had begun a “targeted review of Binance” in February.

Beginning April 14, Binance’s derivatives clients in Australia will not be able to open or increase…

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