Binance Australia’s derivatives license cancelled

The ASIC has been conducting a targeted review of Binance’s businesses in Australia.
Binance Australia is an arm of Binance.
Australian users will no longer be able to trade derivatives on Binance.The Australian Securities and Investments Commission (ASIC) on Thursday issued a press release announcing the cancellation of Binance Australia’s derivatives license.
Binance Australia is an arm of the world’s largest cryptocurrency exchange by trading volume Binance.
Targeted review