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Australia court fines Binance Australia $6.9 million over client onboarding failures

ReutersMar 27, 2026 6:59 AM

March 27 (Reuters) - The Australian federal court has ordered local derivatives business of cryptocurrency exchange Binance to pay an A$10 million ($6.9 million) penalty for misclassifying over 85% of its Australian client base, the country's securities regulator said on Friday.

($1 = 1.4491 Australian dollars)

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