Binance Faces Big Trouble Down Under: Australia Wants an Audit!
In typical corporate fashion, Matt Poblocki, the general manager of Binance Australia and New Zealand (which sounds like a very fancy title), told CryptoMoon that Binance “acknowledges” AUSTRAC’s decision. And no, it’s not a punishment, just a “supervisory review measure.” That’s right, folks, it’s like getting a pop quiz on your finances but without the actual consequences. Or so they hope.