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Bitcoin at a discount
The price of BTC on the Australian platform Binance was about 34,000 Australian dollars (AUD), or about $23,000, compared to 43,000 AUD ($28,000) on the BTC Markets cryptocurrency exchange. At the same time, outside of Australia, bitcoin was trading at $27,790.
In mid-May, Binance Australia suspended accepting funds in Australian dollars, citing the refusal of the payment service provider to work with the crypto platform. The exchange said that problems could also arise with withdrawals in AUD.
Earlier in April, the Australian Securities and Investments Commission (ASIC) revoked the license of Binance’s local division, Oztures Trading, operating under the Binance Australia Derivatives brand.
2023-05-30 15:39:00
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