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Coin Edition

2023-02-24 14:10:00

Australian Securities & Investments Commission Reviewing Binance

Australian Securities & Investments Commission Reviewing Binance

The Australian Securities and Investments Commission (ASIC) announced on Friday that it is investigating Binance Australia’s derivatives business more closely. Following Binance’s admission that 500 of its Australian customers had been incorrectly classified as “wholesale investors,” their derivative holdings were terminated. Moreover, Retail traders are not allowed to trade financial derivatives or futures due to The post Australian Securities & Investments Commission Reviewing Binance appeared first on Coin Edition .

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