Watchdog Slaps Binance Australia With A$10 Million Fine Over Onboarding Failures
Australia’s monetary regulator has hit Binance’s Australian derivatives arm with a A$10 million ($6.8 million) penalty after discovering onboarding failures that uncovered retail prospects to dangerous merchandise and resulted in hundreds of thousands in losses. Binance Admits Missteps In Australia In a Friday release, the Australian Securities and Investments Commission (ASIC) mentioned the Federal Court…