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In: AUSTRAC, Binance Australia, Regulation

Australia’s financial crime regulator, AUSTRAC, has ordered Binance’s local subsidiary to appoint an external auditor after identifying “deficiencies” in its anti-money laundering (AML) and counter-terrorism financing framework. The order is a result of AUSTRAC’s findings of persistent governance failures, including rapid staff turnover, a minimal local presence, and poor seniorContinue Reading

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In: ETP, Regulation, SEC

SEC authorises in-kind redemption for Bitcoin and Ethereum ETPs, a major crypto regulatory pivot. The change impacts products from major issuers like BlackRock, Fidelity, VanEck, and others. SEC Chairman Paul Atkins supports building a tailored crypto regulatory framework. In a significant regulatory pivot, the US Securities and Exchange Commission (SEC)Continue Reading