Binance Hires Former US Treasury Criminal Investigator As Global Money Laundering Reporting Officer

Binance said on Wednesday it had named a former US Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest encryption exchanges to reinvent itself as a regulated finance company. . Governments and financial watchdogs are paying more attention to the cryptocurrency industry, often setting … Read more

Binance Restricts Money Laundering Checks After Regulatory Pressure

The leading cryptocurrency exchange, Binance, said on Friday that it will require more stringent background checks on clients to bolster anti-money laundering efforts, with immediate effect. Binance, the world’s largest platform, has come under pressure in recent months from regulators around the world who are concerned about the potential for money laundering encryption and the … Read more