Austrac Demands External Audit for Binance Australia š¦šŗ
Australiaās regulator AUSTRAC has ordered Binanceās local arm to appoint an external auditor, citing ācreditable concernsā about AML/CTF practices. Binance says it will comply and is boosting global compliance staff by 33%. The move highlights that even giant exchanges canāt skate past local rules. For users in Australia (and elsewhere), itās a reminder: platform integrity & jurisdictional compliance matter.