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Binance Australia
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CryptoCurrency
Binance Fined AU$10 Million in Australia as Crypto Perp Rules Tighten
2026-03-27T09:57:51.354+02:00
The company admitted to misclassifying clients, skirting Australia's consumer production rules.
Australia and Europe are taking a hard stance on crypto derivatives, as the US opens up.
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CryptoCurrency
After Two Years Without Banks, Australian Traders Can Move Fiat on Binance Again
2026-01-19T08:57:48.786+02:00
A survey showed 58% wanted unrestricted deposits, 22% switched banks to buy crypto more easily.
Cuscal previously cut support, citing fraud prevention and compliance requirements, leaving card or crypto options.
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Regulation
ASIC Claims Binance Misclassified 83% of Australian Client Base, Takes It To Court
2024-12-18T09:30:57.683+02:00
The regulator launches legal action against Binance Australia for misclassifying retail investors, exposing them to high-risk crypto products.
The exchange had already paid approximately $13 million in compensation to affected clients in 2023.
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CryptoCurrency
Australia's Top Bank Halts Payments to Selected Crypto Exchanges
2023-06-08T12:56:18.182+02:00
Last month a similar move was announced by Westpac.
Recent actions show that Australia is restricting access to crypto.
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CryptoCurrency
Binance Ceases Australian Dollar Trading amid Struggles with Banking Issues
2023-06-01T17:02:13.011+02:00
Trading via credit and debit cards or P2P marketplace is not affected.
The exchange said it is still searching for an alternative banking partner.
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