New Age | Australia orders audit of crypto trading giant Binance



Image description

Australia has ordered the local arm of the world’s largest cryptocurrency exchange, Binance, to appoint an external auditor after identifying ‘serious concerns’ with its money laundering and terrorism financing controls.

The Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, said Friday its concerns followed Binance Australia’s latest independent review which was ‘limited in…

Source link