Day: 24 February 2023

ASIC Reviews Binance Australian’s Derivatives Business Over Account Closure

The Australian Securities and Investments Commission (ASIC) is currently reviewing Binance Derivatives in Australia, according to a spokesperson from ASIC. The review is aimed at the company's classification of retail and wholesale clients.  This development comes after Binance closed the derivatives position of 500 users who were incorrectly classified as ...

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