Binance Australia Under Investigation, Offices Searched by Regulator

Australia’s financial regulator has visited Binance offices as part of an ongoing probe into the company’s defunct local derivatives business. 
On Tuesday, officials from the Australian Securities and Investments Commission (ASIC) conducted searches at Binance Australia’s offices, Bloomberg reported, citing people familiar with the matter. 
The investigation revolves around Binance Australia’s classification of clients as retail or wholesale investors. …
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