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via Cointelegraph · By Cointelegraph Staff
US Treasury ‘Privately Demanded’ Binance Comply with Monitoring Deal: Report
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CS
Cointelegraph Staff(10:55 PM UTC)
1 min read
Update (May 7 at 9:47 PM UTC): This article has been updated to include a statement from Binance.
The US Department of the Treasury reportedly demanded that Binance follow a monitoring program put in place by a 2023 deal between authorities and the cryptocurrency exchange, following reports that the company facilitated $1 billion to entities tied to Iran.
According to a Thursday report by The…
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