Crypto Updates

US Official: Binance’s $4.3B Settlement Signals Regulatory Shift

Binance Fines US Regulators

A senior US regulator has indicated that the recent $4.3 billion settlement with Binance for violating anti-money laundering and sanctions laws could mark a pivotal moment in regulatory actions against cryptocurrency firms. The settlement, facilitated by the Commodity Futures Trading Commission (CFTC) and Treasury Department, with the involvement of the US Justice Department, is seen …

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