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Crypto platform FTX has financial services license withdrawn by Australian regulator

( July 20, 2023, 00:22 GMT | Official Statement) -- MLex Summary: Embattled crypto platform FTX Australia has had its financial services license canceled by Australia’s markets regulator. Under the terms of the cancellation, FTX will be allowed to provide limited financial services that relate to the termination of existing derivatives contracts with clients. The cancellation is effective from July 14.The full statement from the Australian Securities and Investments Commission follows: ...

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