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Australia suspends licence of local FTX unit until mid-May

(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.

Illustration shows FTX logo

(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.

(Reporting by Sameer Manekar in Bengaluru; Editing by Shailesh Kuber)

By Reuters

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