Australia sues Binance unit over consumer protection failures
Australia sues Binance unit over consumer protection failures

Australias corporate watchdog, the Australian Securities and Investments Commission (ASIC), announced on Wednesday that it has taken legal action against the local derivatives business of cryptocurrency exchange Binance. The lawsuit alleges that Binances Australian unit failed to provide consumer...

Australia takes HSBC to court over neglecting scam victims
Australia takes HSBC to court over neglecting scam victims

Australias corporate regulator has filed a lawsuit against the local affiliate of global banking giant HSBC, alleging it failed to properly address approximately 950 reports of customers losing close to, or more than, a million dollars, reports Reuters. The Australian Securities and Investments...