Binance Australia brings fiat back after being debanked for 2 years
Binance Australia has reintroduced fiat currency transactions after being debanked for two years. The exchange faced regulatory challenges that led to the suspension of its fiat services, but it has now received the necessary approvals to resume operations. Customers can once again deposit and withdraw Australian dollars (AUD) on the platform. This move is seen as a significant step towards restoring Binance's presence in the Australian market. The company aims to enhance its compliance and strengthen relationships with local regulators moving forward.
Read the full article: Coin Telegraph