Binance Australia stated that it fully understands and respects the decision of the Australian Transaction Reports and Analysis Centre (AUSTRAC) to appoint an external auditor to independently review our anti-money laundering related projects. This is one of its regulatory review measures, rather than an enforcement action. Over the past few months, we have maintained open and transparent communication with AUSTRAC and attached great importance to its professional guidance and supervision. Binance will always be committed to maintaining industry-leading compliance standards and continuously strengthening its own capabilities.
