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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
JM
Verified byJames Mitchell
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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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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