It was announced that the Australian regulatory authority has canceled the services license of the popular cryptocurrency exchange, Binance. The decision comes as a surprise to many within the cryptocurrency community in India, who have followed the exchange closely.
The regulatory body cited several reasons for the cancellation, including concerns over the exchange\“s compliance with Australian financial regulations. Despite these concerns, Binance has been a major player in the global cryptocurrency market and has served a significant number of Indian users.
Indian cryptocurrency enthusiasts are now seeking alternative platforms to trade cryptocurrencies, with many expressing their disappointment over the cancellation of Binance\“s services in Australia. |
