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Ethereum World News 2023-06-02 14:24:09

Binance Australia Halts Local Bank Transactions Amid On/Off Ramp Roadblock

Summary: Binance suspended Australian Dollar deposits and withdrawals on June 1 after announcing the decision in May. Australian users can still buy and sell crypto tokens using their debit or credit cards, the exchange clarified in today’s announcement. The platform’s derivatives license was withdrawn in April following controversy with Binance user accounts and a request from the crypto exchange. Binance Australia will no longer allow users to deposit and withdraw AUD on the exchange weeks after first announcing the decision

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