Australia gets on the bottom of Binance: External audit order for financing of money laundering
After traveling with major challenges in the United States in connection with allegedly spending money that led to its former CEO. Changpeng Zhao (CZ), Cryptocursency Exchange Exchange Exchange finds that it is also inspected again, this in Australia.
Aml of aml and CTF CTF controls under fire
Australian transaction reports and analysis, Austracic, financial Agency, has historian The Binance area appoints an external auditor due to the “great concern” about Anti-Money Laundering (Aml) and financial management (CTF).
Austracic problems appeared following the recent independent review of Australia, which is an agency described as a “restricted to its size, business contributions and accidents.”
The center has highlighted issues accused of exchanging such as senior labor workers, adequate resources, and insufficient oversight from senior management.
In a statement, Austrac emphasized the need for strong adaptation programs Regulatory requirementsSpecifically given to the global performance of exchanging operation.
Brendan Thomas, the Chief Austral Manager, emphasized the importance of effective customer identification, proper diligence, and monitoring transactions in a high risk. Thomas said:
This is a worldwide company that applies to all borders in a hierarchy. We expect strong customer identification, proper diligence and effective monitoring of transaction.
World Challenges
IMENCE has been given 28-day window to appoint foreign auditors to deal with this concern. In response to the situation, Matt pooblick, the general bantry and New Zealand manager, said the exchange was public and obvious about the Austrac.
Exchanger’s authorities have confirmed participants and users in the country about the commitment of the company at the end Leadership Values and improve its skills.
It was established in 2017, IMNCE rapidly increased the Cryptocurrency Exchange land for trading volume. However, its trip did not be without difficulty.
After working in China, Zhao moved the company’s company activities because of the crack in the Crypto by Chinese authorities. In spite of its growth, Icelo face it Reprint In many countries, facilitate spending of criminal charges.
Zhao has pleaded guilty to breaking the laws against the end of the end of 2023, which leads to a four-month meal in prison in 2024. However, BitCoinist has frequent That despite the ban on exchange, Zhao may seek forgiveness from the President of the Pro-Crypto Donald Trump.
These legal challenges have increased the processing of the binance for exchanging a new approach with its new CEO Richard Teng Like the world’s world recellors focus on ensuring compliance.
Despite the latest examination of the shopping reports and Australia Center, the traditional Binance Token, BNB, has reached a total of $ 882 on Friday. Cryptocursency is excessive last month, as a broad market struggles.
Picture entered from Dall-e, chart from TradingView.com
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