Australian Securities and Investments Commission (ASIC) searches Binance offices in a regulatory probe
The ongoing investigation focuses on Binance Australia's derivatives platform and client classification
Binance shows willingness to cooperate, shuts down local derivatives exchanges amid regulatory concerns
The probe follows Binance's decision to halt AUD bank transfers and the cancellation of its derivatives license by ASIC
Binance faces further challenges globally, with trouble brewing in Europe and license denials in Germany and Austria