On November 21, 2023, the U.S. Office of Foreign Assets Control (OFAC) announced its largest settlement in history with the virtual currency exchange Binance. This almost-billion dollar settlement is ...

One attraction of Binance, as the company grew from its 2017 founding into the biggest cryptocurrency exchange in the world, was the firm’s freewheeling flouting of rules. As it amassed well over 100 ...

Binance pushed back hard against a February 24 letter from Senator Richard Blumenthal, saying the claims tied to Iran, money laundering, and platform compliance were “false, misleading, and ...

The CEO of Binance, the world’s largest cryptocurrency exchange, will step down after the company pleaded guilty Tuesday to violations of the Bank Secrecy Act, an anti-money laundering law, among ...

Kevin O'Leary predicts Binance's decline amid SEC allegations and the exchange's decision to halt Russian currency deposits. SEC accuses Binance and CEO Zhao of deceptive practices and manipulating ...