Economic news

Australia suspends licence of local FTX unit until mid-May

2022.11.15 16:26

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© 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.

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