Synopsis
Binance did not immediately respond to request for comment.Earlier this month, the Binance unit said some customers in Australia will not be able to deposit or withdraw money after a third-party service provider cut off its service
Bitcoin prices on the Australian arm of Binance, the world’s largest crypto-currency exchange, were almost A$9,000 lower than prices on rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly.
The price of the world’s biggest cryptocurrency, bitcoin, was at around A$34,000($23,062.20) on Binance Australia, compared with A$43,000 on BTC Markets, an Australia-based cryptocurrency exchange.
Bitcoin was quoted at $27,790 outside Australia.
Binance did not immediately respond to request for comment.
Did you Know?
S has launched a new enterprise on the Metaverse with the aim of accelerating cloud adoption among Indian firms. The interactive and immersive ‘cloud on wheels’ platform will enable customers to experience the full range of S ’s offerings and reimagine processes for improved business outcomes.
View Details » Earlier this month, the Binance unit said some customers in Australia will not be able to deposit or withdraw money after a third-party service provider cut off its service.
Binance has been battling regulatory suits and probes around the world. The company said in April it would close its Australian derivatives business after relinquishing a financial services licence amid a regulatory probe into its operations
Tuesday, 30 May, 2023Experience Your Economic Times Newspaper, The Digital Way!Read Complete Print Edition »
- Front Page
- Pure Politics
- Economy
- ET Markets
- More
-
Apple: Need Solid Reason to Take Down Betting AppsApple has told Indian officials that it needs a “concrete reason or a legal requirement” to fully comply with the Centre’s directive to take down betting apps from its App Store, according to people directly aware of the matter.
Political Stability Helping Drive Investments to IndiaChip Bergh, the global chief executive of denim maker Levi Strauss & Co., said political stability has helped Indians stay optimistic about the future, driving consumer demand as well as investment by multinationals.
FAME Electric 2-wheeler Beneficiary Tally SlashedNearly every second electric two-wheeler sold under the Centre’s ambitious ₹10,000-crore electric vehicle promotion scheme was based on false localisation claims, an investigation has found, said people with knowledge of the matter. This has prompted the government to slash its official sales tally, they said.