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Crypto: Binance pulls out of FTX acquisition after one day

Crypto exchange Binance has pulled out of its acquisition of Sam Bankman-Fried’s FTX exchange, pointing to reports that the SEC is investigating the Bahama’s-based exchange’s books and its own due diligence findings.

Wild West of Crypto Readies for Tax Laws

Lack of qualified people without more Web3 education, say academics

Australian academics have called for blockchain education to be introduced in the secondary and tertiary school system to avoid a lack of “qualified people” in the future.

​Former DigitalX CEO Leigh Travers Joins Binance Australia As CEO

​Former DigitalX CEO Leigh Travers Joins Binance Australia As CEO
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Binance Australia Derivatives successfully launches crypto CFDs under an Australian Financial Services Licence

SYDNEY and NEW SOUTH WALES, Australia, July 21, 2022 /PRNewswire/ Binance Australia Derivatives has launched over-the-counter (OTC) derivative products, with crypto contract for differences (CFDs) now available for wholesale Australian customers under an Australian Financial Services Licence. The launch of these financial products included a significant period of compliance and governance related processes and activities. Led by the local Australian team, the operation to secure the licence was also supported by the global Binance business. Binance Australia's commitment to working with local Australian regulators is strengthened by the news of obtaining this licence, having recently submitted a consultation paper to the Treasury providing recommendations on licensing and custody requirements for crypto exchanges. Leigh Travers, Director of Binance Australia Derivatives said, "Launching crypto derivatives under an AFSL delivers on our core strategy of becoming a regulated in

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