Binance, one of the largest crypto exchanges out there. In mid-May, they hit a major roadblock when their payment partner in Australia abruptly ended their collaboration.
Can you imagine the chaos it caused?
Local customers were left in a frenzy, unable to deposit Australian dollars through bank transfers. It gets even more intense! Binance had to take further action, suspending all trading pairs involving the Australian dollar and even halting withdrawals in the local currency.
As if that wasn't enough, juicy rumours have started circulating about a potential new CEO for Binance.