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ASIC scrutinises cryptocurrency exchange

By Sarah Dingle
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Two Bitcoins held in both hands with a Binance price chart opened in the background.
Two Bitcoins held in both hands with a Binance price chart opened in the background.(Unsplash: Executium)
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It's been revealed that two days ago, the financial watchdog raided the Australian offices of Binance - now the world's biggest cryptocurrency exchange.

The raid was part of ASIC's investigation into Binance's now-defunct local derivatives business.

Binance is just the latest international cryptocurrency outfit to come under investigation by authorities around the world.

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Featured: Dr Aaron Lane, RMIT

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