Binance cancels its Australian derivatives license

2023-4-6 11:58

Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, requested to cancel its derivatives license with the Australian Securities and Investments Commission (ASIC) on April 5.

According to an April 6 press statement, the request has been granted, and Binance will close all client positions by April 21.

Meanwhile, the financial regulator added that the license cancellation “has no effect on the requirement for Binance to continue as a member of [the] Australian Financial Complaints Authority until the end of 8 April 2024.”

ASIC was reviewing Binance’s operations

ASIC pointed out that it had been reviewing Binance’s financial services business in the country.

ASIC Chair Joe Longo said:

“It is critically important that AFS licensees classify retail and wholesale clients in accordance with the law. Retail clients trading in crypto derivatives are afforded important rights and consumer protections under financial services laws in Australia, including access to external dispute resolution through the Australian Financial Complaints Authority. Our targeted review of these matters is ongoing, including focus on the extent of consumer harms.”

Binance abruptly closed the derivatives position of its Australian users in February. At the time, the exchange said the closure was in compliance with local laws.

Meanwhile, the exchange faces further scrutiny in the United States after the  Commodity Futures Trading Commission (CFTC) filed a complaint against it over allegations of regulatory violations.

The post Binance cancels its Australian derivatives license appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Binance Coin (BNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $562.5
Капитализация $0 Rank 99999
Цена в час новости $ 311.79 (-100%)

binance april derivatives trading australian license press

Источник: cryptoslate.com

binance april → Результатов: 126


Запуск основной сети Binance DEX запланирован на этот месяц

Запуск основной сети децентрализованной биржи Binance DEX может состояться уже в этом месяце. Об этом заявил CEO Binance Чанпэн Чжао в ходе своего выступления на конференции Deconomy. "@Binance_DEX anticipated mainnet launch will happen this month" — @cz_binance #deconomy2019 #Binance — Binance (@binance) April 4, 2019 Он также добавил, что в апреле состоится запуск следующей криптовалютной […] Запись Запуск основной сети Binance DEX запланирован на этот месяц впервые появилась Криптовалюта.Tech.

2019-4-4 14:06


Binance Coin Price Prediction Today: Daily (BNB) Value Forecast – April 3

BNB/USD in the medium-term market run, an upward trend is still visible. As at the time of writing, the pair has been facing a strong price line at around $20 point. BNB/USD Medium-term Trend: Bullish Distribution territories: $22, $23, $24 Accumulation territories: $16, $15, $14 BNB/USD pair is still somewhat enjoying a sudden increase that […]

2019-4-3 15:26


Чанпэн Чжао ожидает большого притока денег на крипторынок

По словам главы крупнейшей биткоин-биржи Binance Чанпэна Чжао, огромные суммы денег скоро хлынут на рынок, который готовится перейти в «режим FOMO». I guess this was true. Plenty of money ready to jump in, and in full FOMO mode.

2019-4-2 14:37


Binance Shows Augur (REP) Has a Contract Design Flaw Attack on its Prediction Markets

The Ethereum-based prediction market Augur (REP) seems to be facing a design flaw attack. The information was released by Binance Research in a blog post on April 1st. According to Binance Research, there is a malicious market creator that may design a market to exploit a purposeful flaw. Binance Research Unveils Design Flaw Attack on […]

2019-4-1 23:09


Фото:

На Binance Launchpad пройдет токенсейл Matic Network

Следующим проектом, продажа токенов которого будет проведена на платформе Binance Launchpad, станет Matic Network (MATIC). Информация об этом появилась на сайте Binance. Introducing the MATIC Token Sale! Matic Network, officially prepares for its launch on @Binance Launchpad beginning on April 24th at 8:00 AM UTC! (https://t.

2019-4-1 15:13


DRIVE Markets ICO

Short description: DRIVE Markets, is an institutional crypto and fiat currency exchange, offering high frequency futures and spot trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum. Main Content: Overview DRIVE Markets, is an institutional crypto and fiat currency exchange, offering high frequency futures and spot trading for Bitcoin, Litecoin, Bitcoin Cash, Ripple and Ethereum.

2019-3-31 12:40


Фото:

As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.

2019-3-5 20:20


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Network activity keeps BNB Chain, Tron atop performance charts

The BNB network and Tron continued to dominate other networks in terms of activity. However, social activity and sentiment around the tokens fell. Binance Coin [BNB] and Tron [TRX] have bothThe post Network activity keeps BNB Chain, Tron atop performance charts appeared first on AMBCrypto.

Binance Coin: Why the next 2 weeks will be interesting for BNB

Analysis showed that the coin could see an upswing to $738 by June. Derivatives market data indicated bullish sentiment, as BNB might favor long positions. The price of Binance Coin [BNB] coThe post Binance Coin: Why the next 2 weeks will be interesting for BNB appeared first on AMBCrypto.

How did BNB jump past $600? Taking a look at the numbers

BNB started to trade above a long-term resistance level. The coin’s price might reclaim its two-year-old all-time high. Binance Coin [BNB] has broken above the upper line of its long-term The post How did BNB jump past $600? Taking a look at the numbers appeared first on AMBCrypto.

AEVO price jumps 10% as Binance Labs’ investment reveals bullish outlook

AEVO price jumped nearly 10% on Tuesday as the project received a major boost from Binance Labs. AEVO is the native token of decentralized derivatives exchange platform Aevo. It could ride the Layer 2 rally around ETH spot ETF speculation and today’s news to target a break above the $1 level. Binance Labs invests in […]

BNB sets the stage to breakout above $580: When will it happen?

BNB’s price action remained less volatile over the last seven days.  Most metrics looked bullish on BNB, but a few suggested otherwise.  Binance Coin's [BNB] momentum declined over the The post BNB sets the stage to breakout above $580: When will it happen? appeared first on AMBCrypto.