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Showing 1 - 9 of 9 results for "Binance Australia"

Binance Labs becomes a family office

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
... laundering laws. He also stepped down as chief executive of Binance and paid a massive fine. Locally, ASIC is taking Binance Australia to court alleging it denied more than 500 retail clients important consumer protections by misclassifying them as wholesale ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  TUESDAY, 21 JAN 2025
... since Trump and his wife, first lady Melania Trump, launched their own meme coins ahead of the inauguration. Binance Australia director of community engagement James Quinn-Kumar said Trump's presidency will be a "gamechanger" for the crypto sector. "The ...

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... 123.4%, ranking as the seventh largest global asset by market capitalisation, according to new research from Binance Australia. However, momentum stalled in late December when the US Federal Reserve scaled back its planned 2025 rate cuts from four to ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
ASIC is taking Binance Australia to court alleging it denied more than 500 retail clients important consumer protections by misclassifying them as wholesale clients. ASIC alleges from 7 July 2022 to 21 April 2023, Binance offered crypto derivative products ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
... Fidelity were among 11 spot Bitcoin ETF issuers that received the much-awaited approvals for their ETFs. Ben Rose, Binance Australia and New Zealand general manager, said he is excited to see the growing interest in crypto among new investors. "We've ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... to pay remediation. Of the amount paid, $13.1 million went to 523 clients of Oztures Trading, which traded as Binance Australia Derivatives, due to its incorrect classification of retail clients as wholesale clients. This was paid in two tranches, first ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... cryptocurrency exchange's operations in Australia. Effective April 6, the AFSL of Oztures Trading, which trades as Binance Australia Derivatives, was cancelled. From April 14, clients will not be able to increase derivatives positions or open new positions ...

Binance Australia appoints chief executive

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... mission of mine to grow the industry over the coming years," Travers said. "My key interests are shared with Binance Australia in championing the adoption of blockchain and the pathway for blockchain businesses in Australia. The opportunity to work with ...

Crypto fund hires from Blue Sky

ELIZABETH MCARTHUR  |  FRIDAY, 16 JUL 2021
... managing director at Blue Sky Alternative Investments. The fund was founded by the former chief executive of Binance Australia Jeff Yew. Chief operating officer of Non Correlated Capital Kevin Saunders has also joined the fund on its investment committee. ...
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