Binance Faces Compliance Audit in Australia

Australia’s financial regulator AUSTRAC has ordered Binance Australia to undergo an external audit.

Why?

To review AML & compliance systems as the government tightens crypto regulations.

But here’s the surprising part:

📍 22% of Binance’s global staff = Compliance Team

📍 Big increase coming in compliance spending too

Binance is clearly serious about regulatory cleanup.

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