March 27 (Reuters) – The Australian federal court has ordered local derivatives business of cryptocurrency exchange Binance to pay an A$10 million ($6.9 million) penalty for misclassifying over 85% of its Australian client base, the country’s securities regulator said on Friday.
($1 = 1.4491 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru; Editing by Mrigank Dhaniwala)
