The Australian financial markets regulator, ASIC, conducted a raid at Binance offices as part of an investigation into the cryptocurrency exchange’s activities related to local derivatives. ASIC’s review includes the classification of Binance Australia clients and the consideration of closing the local derivatives exchange. A representative from ASIC confirmed the ongoing examination of the company. Binance stated its cooperation with authorities and commitment to regulatory compliance. Binance is also facing investigations and allegations in various countries, including France and the United States.
