🏛️ AUSTRAC Orders Audit of Binance Australia Over AML Concerns
2025-08-25AUSTRAC orders a formal audit of Binance Australia in response to anti-money-laundering concerns. The regulator requires a review of the exchange’s AML compliance and related controls. The action marks a clear escalation in oversight of a major crypto platform operating in Australia and underscores heightened regulatory attention on firms within the web3 and crypto sector.
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