Bloomberg: The Australian Securities and Investments Commission searches Binance's Australian office to continue the investigation into "Binance's closure of derivatives business."

ChainCatcher news, according to Bloomberg citing informed sources, the Australian Securities and Investments Commission (ASIC) conducted a search of Binance's Australian office on Tuesday as part of an ongoing investigation into the platform's now-closed derivatives business.

Previous report, in April, ASIC revoked the financial services license for derivatives of Binance Australia. After the license was revoked, Binance Australia customers would be unable to increase their derivatives positions or open new positions with Binance. Additionally, Binance has stopped all AUD trading pairs since June 1. (Source link)