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Australian Securities Regulator Revokes FTX’s Local Financial Services License

The Australian Securities and Investments Commission (ASIC) has canceled the financial services license of FTX’s Australian subsidiary effective from July 14, impacting 30,000 customers. With the cancelation of the licen...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Australian Securities Regulator Revokes FTX’s Local Financial Services License
The Australian Securities and Investments Commission (ASIC) has canceled the financial services license of FTX’s Australian subsidiary effective from July 14, impacting 30,000 customers.
With the cancelation of the license, FTX Australia can no longer operate as an exchange in the country. However, it can still continue to provide limited services to compensate its 30,000 retail clients and 132 local companies, until July 12 next year....
Read More: Australian Securities Regulator Revokes FTX’s Local Financial Services License

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