Headline: Binance Australia re-enables AUD deposits and withdrawals, restoring PayID instant rails Binance Australia has resumed Australian dollar deposits and withdrawals for verified users, reopening direct fiat on‑ and off‑ramps that were shut after mid‑2023. Multiple reports around Jan. 18, 2026, confirmed the relaunch, which lets customers move funds between their bank accounts and the exchange via PayID and standard bank transfers — including real‑time PayID deposits. The AUD rails were reintroduced progressively after a late‑2025 pilot with a limited group of users, and the broader rollout now covers all verified Australian customers. That ends a period during which locals were forced to rely on higher‑cost or slower alternatives such as debit and credit cards, peer‑to‑peer trading, or third‑party payment gateways following the suspension in mid‑2023. The original halt came after Binance lost access to key local banking partners, including payment provider Cuscal, amid intensified scrutiny from Australian regulators. Card‑based payments continued to operate during the hiatus, but often incurred higher fees and slower settlement than direct bank transfers. Binance says the return of AUD services follows extensive engagement with Australian regulators and upgrades to its compliance framework, including stricter anti‑money‑laundering controls and operational changes aligned with local expectations. Restoring direct banking rails is a notable step in rebuilding trust and functionality in the market. The timing also follows Binance’s broader corporate shifts: on Jan. 5 the exchange completed a major regulatory restructuring to operate under an Abu Dhabi Global Market–regulated structure with licensed entities for trading, clearing, custody and brokerage. The move comes as Binance’s global spot market share had slipped to roughly 25% in December 2025 — its lowest level since early 2021 — amid rising competition and shifting user behavior. For Australian users, the resumption of AUD deposits and withdrawals restores a core exchange feature that had been missing since mid‑2023 and brings Binance back into closer competition with domestic platforms that maintained uninterrupted banking access throughout the regulatory disruption. Read more AI-generated news on: undefined/news