Controllers say that Binance must strengthen the use of money, terrorist laws
The Crypuered Company Crypto should strengthen its compliance with the Counter-Counter-Counter-Subjects and added an independent auditor if they want to continue doing business in Australia, the controllers said this week.
Australian transaction reports and analytical center approves the Crypto Giant to include external inspectors in the area within 28 days of its decision. Watchdog said that new rules were intended to deal with “a great concern” has its illegal oversight, the Austrac “
The recent binalator update received a lack of high management within the Binaance Australia, as well as a major employee employee in the conversion of senior employees, adequate resources.
As part of the decision, Austrac will be the one to choose which the Auditor-based auditor is representing in -Nine, though the company can provide a list of potential terms.
Iynce is familiar with control actions
It is not for the first time I -Cince is combined with regulations. The Fandpeng Zhao pleaded guilty and was fined $ 4,3 billion 2023 by the US Justice Department on charges including moneying, and fees.
The authorities said when Binance had created a business culture that lasts more than consumer protection, which highlighted the internal communication during the company.
“As one worker to follow the work,” we need to take a “hard drug spending days – the Binance found a cake, ‘” says Doj in its statement.
Binance is facing a difficult road in Australia
Crypto Exchange also deals with a broad-range control of Australia, newly cracking Australia Australia Derivatives in the 2024 case.
The asset was brought to the Australia Security and Investment Commission (ASC) and resulted in the loss of its country’s licensing license due to its risk management and limitation (Asic).
“High Global Global World Workers can appear properly and work to meet the complex control requirements, but if they do not understand local currency and financial dangers, they fail [to meet their obligations to consumers]”Brendan Thomas, Austral Chief Executive Officer, said in a statement.
IMEY I had to close its Australian trading services at the beginning of this year because their billing provider, Zepto eliminated their cooperation. That follows the previous conflict with CUSCAL, a service provider who helped to provide bank services, and decided access to its platform.
“Understanding some high-quality risks in Australia is important to ensure that they meet their reporting responsibilities here,” Thomas said.
What does the clay mean?
“We are openly involved and confused the Austrac for the past few months and continue to inform their leadings, technology and management, a common Binance Australian manager and New Zealand, said in a statement. “We are always committed to keeping the high-quality standards for high-quality force and will improve our skills.”
