The problems continue Australia cryptocurrency exchange giant. Already last February, binance ought to Closing accounts of derivative clients (derivatives) of digital assets. But now it appears that Australian financial regulators have pushed the Chow Chow platform into action Cancellation request From these service derivatives.
Indeed, in report Posted this Thursday, April 6, 2023, Australian Securities and Investments Commission (ASIC) declare License revocation Australian Financial Services (ASF) subsidiary of Binance. Or, more precisely, its affiliate Ozatis Trading Pty Ltdwhich operates as Binance Australia derivatives.
As a result of this license loss, effective April 14, 2023, customers will no longer be able to No longer increase their positions In derivative products, or open new products. Binance will ask its customers to attach Any existing position before April 21stIf this does not happen, the exchange will automatically close all remaining open positions.
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