Binance’s global platform this week announced it would be ending its derivatives offerings to Australian crypto traders by year’s end. Binance is a separate entity from Binance Australia, which, in turn, is operated by InvestbyBit. The latest moves can be viewed as an attempt to stimy the fallout from regulatory ire which has recently focused on the Binance brand worldwide, in a bid to bring the exchange in line with other crypto providers.
Binance Australia Updates User Security Requirements in Line With ‘Compliance Efforts’ — CoinDesk
