News reports said today, Thursday, that the Binance Australia platform, which is the arm of the largest exchange for digital currency exchanges in the world, decided today, Thursday, to suspend payment services using the Australian dollar with immediate effect, noting that this suspension occurred due to a decision taken by a third-party payment service provider.
Binance Australia added that the third-party payment service provider has stated that bank transfer withdrawals will also be affected at the present time. However, the world’s largest cryptocurrency exchange has tried to reassure users that it is working hard to find an alternative provider in order to continue depositing and withdrawing in dollars. Australian.
According to the announcement from the Australian Stock Exchange, users within Australia can still buy and sell digital currencies using their credit or debit card. Binance also reassured customers that its P2P marketplace will continue to operate as normal.
It should be noted that in light of the recent regulatory restrictions against the Binance digital platform, which is considered one of the largest digital currency trading platforms in the world, the Australian Securities and Investment Commission (ASIC) announced in early April that it would cancel the Australian financial services license held by the Binance platform and registered under the name Ozlies Trading Pty Ltd is authorized by the Commodity Futures Trading Commission (CFTC).
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