Australia fines local Binance unit $6.9M over client onboarding failures

An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products.

An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products.
Coinbase and Better Home & Finance launched a structure that lets borrowers pledge Bitcoin or USDC to fund the cash down payment on a conforming mortgage tied to Fannie Mae-backed loans.
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