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42 Treasury Department Demands Binance Compliance After Iran Crypto Reports

The Information
Leo Schwartz @ The Information 1 place · today 12:05 EDT

Treasury Department Demands Binance Compliance After Iran Crypto Reports

The U.S. Department of the Treasury has privately demanded that Binance comply with a monitoring program U.S. regulators imposed on the crypto exchange in 2023, when it pleaded guilty to charges related to sanctions and anti–money-laundering violations, The Information has learned.

The Treasury Department’s request—which it sent to Binance in a letter in the past few weeks—comes in the wake of recent reports that more than $1 billion flowed through the crypto exchange to Iran-linked entities in 2024 and 20

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