Senate Democrats urge DOJ, Treasury probe into Binance sanctions compliance
Key insights Lawmakers request a DOJ and Treasury review of Binance’s sanctions and AML controls. Reports allege $1.7B in crypto flowed to Iran-linked entities via...
Tag : Compliance
11 US Senators Urge Federal Probe Into Binance Sanctions Compliance
A bipartisan group of 11 United States senators has pressed federal authorities to scrutinize Binance’s compliance with sanctions and anti-money-laundering rules, citing escalating public scrutiny...
Bluprynt Secures $4.25 M Seed Round to Streamline Crypto Compliance
Crypto disclosure company Bluprynt announced its oversubscribed seed round of $4.25 million on Thursday. The round has seen support from Coinbase Ventures, Robinhood, and the...
How Web3 Projects Can Handle Legal Risk and Compliance in PR
In Web3, how you talk about your project can be as risky as what you build. Regulators worldwide are tightening rules around token sales, financial...
Binance Cuts Sanctions Exposure 96% As Compliance Team Tops 1,500
Binance has outlined major progress in strengthening its global compliance structure, reporting a sharp decline in sanctions-related exposure across its platform. In a blog post...
TRM Labs and Finray Technologies to Deliver Unified Compliance and Transaction Monitoring for Banks
TRM Labs and Finray Technologies have integrated blockchain intelligence into the XZiel compliance engine to provide financial institutions with a unified, audit-ready monitoring system. San...
Binance Defends Global Compliance Program Following Significant Reduction in Sanctions Exposure
Binance has reported a 96.8% decrease in sanctions-related transaction exposure since 2024, countering recent media reports regarding the effectiveness of its regulatory controls. Binance released...
Austria’s FMA bans Kucoin EU over anti-money laundering, compliance staff shortfalls
Austria’s financial regulator said it prohibited the European arm of KuCoin from conducting new business and onboarding customers after the crypto exchange lost key compliance...
Binance Claims 25% of Staff Work in Compliance Roles
Binance doubled down on its compliance credentials in a blog post after a report published earlier this month accused it of sanction violations. Crypto exchange...
KuCoin EU Expands Local Compliance and Governance Team in Austria
KuCoin EU Expands Local Compliance and Governance Team in Austria Source link...