Ben Rose is hopeful that Binance Australia’s banking woes will be relieved by positive regulation in the future. Binance Australia General Manager Ben Rose says he’s “really confident” that Australian regulators will eventually make the right choices when it comes to laws that govern digital assets in the country. “There are lots of very smart…
Read more
Binance Australia said on May 18 that it is “unable to facilitate PayID AUD deposits for Binance users” due to a third-party payment service provider’s decision to discontinue support for the crypto exchange. Binance Australia said while it works to find an alternative, users can still “buy and sell crypto using credit or debit cards.”…
Read more
Cuscal, the company that handles the Australian dollar on- and off-ramping for the exchange, declined to comment specifically on why it decided to pull support for Binance Australia. The third-party payments provider for Binance Australia, Cuscal, hinted about the impact of “scams and fraud” related to “account fraud, ID takeover and crypto activity” after being…
Read more
Leigh Travers feels that a change in Australia’s government will slow down work on crypto regulations that could prove that the industry is already operating at a higher level than traditional finance. As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the…
Read more
Amid regulatory scrutiny worldwide, global cryptocurrency exchange Binance has announced that it will cease offering futures, options, and leveraged tokens to Australian users in 90 days.
Changes Coming to Binance Australia
Cryptocurrency exchange Binance announced some changes to its offerings in Australia Tuesday. The exchange will cease offering futures, options, and leveraged tokens to…
Read more
