Australia to require crypto firms to hold financial services licenses

Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges.

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Binance Sets Foot In Kazakhstan, Unveiling Local Digital Asset Platform

Binance, the renowned global blockchain, and cryptocurrency infrastructure provider, has made a significant move by launching a local digital asset platform in Kazakhstan. This strategic expansion comes after Binance obtained a permanent license from Kazakhstan’s AIFC Financial Services Authority (AFSA) last year, solidifying its status as a regulated platform within the country. Binance Collaboration with Kazakhstan […]

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Securities Commission Cancels FTX Australia’s License

Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail customers. ASIC Revokes Financial Services License of Crypto Exchange FTX Subsidiary The Australian Securities and Investments Commission (ASIC) announced [...]

The post Securities Commission Cancels FTX Australia’s License appeared first on Crypto Breaking News.

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FTX: Under Fire Aussie Regulatory Head Makes Explosive Claims

FTX collapsed a month back, but a new revelation has uncovered a troubling fact. The SBF-led exchange had allegedly obtained an AFS Licence by exploiting a regulatory loophole bypassing the regular process. Joseph Longo, the chairman of the Australian Securities and Investments Commission [ASIC] revealed at a joint committee. According to Lango, FTX was reportedly able to […]

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Binance Snaps Up the In-principle Approval to Trade in Kazakhstan

Binance has received the authorization to trade in Kazakhstan after snapping up the In-Principle Approval from the Astana Financial Services Authority (AFSA). (Read More)

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Australia’s financial regulator cancels license for FTX’s local entity

ASIC had previously suspended FTX’s license to operate in Australia; now the securities regulator has canceled it entirely.

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