TechFlow news: The Australian Securities and Investments Commission (ASIC) announced that, effective July 14, it has cancelled FTX Australia's Australian Financial Services (AFS) licence. However, FTX Australia will still be permitted to provide limited financial services during the client wind-down period until July 12 next year.
In addition, the withdrawal of the licence does not affect FTX Australia’s continued membership with the Australian Financial Complaints Authority, and arrangements are in place to compensate retail clients.




