🔔 Today's news from Binance
The Australian Financial Crimes Agency has ordered Binance Australia to conduct an independent external audit of its anti-money laundering and counter-terrorism financing systems, after finding that current practices are insufficient.
The decision requires Binance to provide the names of auditors within 28 days to officially select one of them.
📌 Binance management confirmed its readiness to cooperate, stating that this is a regulatory step and not a direct punitive action.
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❓Discussion question:
In your opinion, do these repeated regulatory pressures on Binance serve as protection for investors? Or could they hinder the platform's global growth and expansion?