Date:
09/05/2024
Time:
23:11
Source:
Bitcoin.com
Binance Fined Over $4 Million in Canada for Money Laundering Violations

Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to approximately $4.4 million, was levied after Binance failed to register as a foreign money services business and neglected to report over […]

This full article can be read on Bitcoin.com here: https://news.bitcoin.com/binance-fined-over-4-million-in-canada-for-money-laundering-violations/