Binance Australia Restores AUD Deposits, Withdrawals After 2-Year Pause
Binance Australia has restored Australian dollar (AUD) deposits and withdrawals for verified users as of January 2026, ending a suspension that began in mid-2023. The service, which utilizes PayID and bank transfers for instant transactions, provides a crucial fiat on-ramp for traders after the exchange lost access to key banking partners nearly two years prior. That disruption was triggered by increased regulatory scrutiny and the withdrawal of support from payments provider Cuscal. Binance attributes the reinstatement to significant compliance upgrades, including enhanced anti-money laundering controls and ongoing engagement with regulators. This move is part of Binance's broader strategy to align with global regulatory standards and regain competitiveness in a key market.
TheNewsCrypto01/19 11:20
