๐ข Hey #Blockchain fans! ASIC, Australia's securities regulator, is investigating Binance Australia ๐ต๏ธ. Their offices were recently searched, but it's all good - Binance is cooperating ๐ค.
This comes after the derivatives license for the platform was revoked in April ๐จ. Remember when 500 derivatives positions got liquidated and accounts were closed? Yup, it's part of it ๐ค.
Amid all this scrutiny, Binance Australia ๐ฆ๐บ plans to shut down, while international branches face their own challenges ๐.
But let's stay optimistic! After all, it's important to keep the crypto space in check! ๐ฉโโ๏ธ #DeFi #BTC