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Australia suspends licence of crypto exchange FTX's local unit until mid-May

16 Tháng Mười Một 2022
Australia suspends licence of crypto exchange FTX's local unit until mid-May © Reuters. FILE PHOTO: FTX logo is seen in this illustration taken, November 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -The Australian securities regulator said on Wednesday it has suspended the licence of the local arm of collapsed-crypto exchange FTX until mid-May next year, days after the local unit was placed under voluntary administration.

The Bahamas-headquartered FTX, once a rising star of the crypto industry with a $32 billion valuation as of January, filed for U.S. bankruptcy protection last week as it struggled to stave off collapse following a rush by traders to withdraw $6 billion from the platform in just 72 hours.

The Australian Securities & Investments Commission (ASIC) in a statement said FTX Australia's financial services licence allowed it to deal in derivative and foreign exchange contracts to retail and wholesale clients, along with provide general advice.

"ASIC is monitoring this situation closely and speaking regularly with international regulators and the external administrators," the regulator said.

FTX did not immediately respond to a Reuters request for comment on the suspension of its Australian unit's licence.

The regulator also said that FTX Australia can continue to provide limited financial services for terminating existing derivatives with clients until Dec. 19.

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30-09-2023 02:43:50 (UTC+7)

EUR/USD

1.0573

+0.0014 (+0.13%)

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↑ Buy

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EUR/USD

1.0573

+0.0014 (+0.13%)

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↑ Buy

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Buy (7)

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GBP/USD

1.2204

+0.0007 (+0.06%)

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USD/JPY

149.37

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AUD/USD

0.6432

+0.0009 (+0.14%)

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1.3572

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EUR/JPY

157.93

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0.9680

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4,173.35

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17,822.00

+471.00 (+2.71%)

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 EUR/USD1.0573↑ Buy
 GBP/USD1.2204↑ Buy
 USD/JPY149.37↑ Sell
 AUD/USD0.6432Sell
 USD/CAD1.3572↑ Buy
 EUR/JPY157.93↑ Sell
 EUR/CHF0.9680Sell
 Gold1,866.15↑ Buy
 Silver22.413Buy
 Copper3.7317Neutral
 Crude Oil WTI91.15↑ Buy
 Brent Oil92.44↑ Buy
 Natural Gas2.931Sell
 US Coffee C145.23↑ Sell
 Euro Stoxx 504,173.35↑ Sell
 S&P 5004,286.08↑ Sell
 DAX15,386.58↑ Sell
 FTSE 1007,608.08↑ Sell
 Hang Seng17,822.00Buy
 Small Cap 20001,780.65↑ Sell
 IBEX 359,428.00↑ Sell
 BASF42.950↑ Sell
 Bayer45.45↑ Sell
 Allianz225.70Sell
 Adidas166.62↑ Sell
 Lufthansa7.506Neutral
 Siemens AG135.66↑ Sell
 Deutsche Bank AG10.450↑ Sell
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