Binance Australia derivatives business reviewed by ASIC

"It has not yet reported these matters to ASIC in accordance with its obligations under its Australian financial services license," the spokesperson added. A Binance spokesperson said the exchange is "committed" to following all relevant Australian laws. Leigh Travers, chief executive of Binance Australia, did not return an additional request for comment. Web of regulatory probes Billionaire Changpeng Zhao's digital-asset exchange has been under the spotlight as regulators step up scrutiny of the crypto industry following the collapse of the FTX exchange last year. Binance's global business and a US platform are the subject of a web of regulatory probes….