Australian regulator suspends licence of FTX unit until mid-May | Cryptocurrency News

Australian Securities & Investments Commission suspended the licence of the local arm of collapsed cryptocurrency exchange FTX until mid-May next year amid FTX’s local units around the world facing heightened regulatory scrutiny. FTX Australia’s permit to deal in derivative and foreign exchange contracts to retail and wholesale clients, along with providing general advice, has been taken back.

short by Srishty Choudhury /
02:27 pm on 16 Nov