May 18, 2024

Rise To Thrive

Investing guide, latest news & videos!

Binance Fined Over $4 Million in Canada for Money Laundering Violations

1 min read
Binance Fined Over  Million in Canada for Money Laundering Violations
Binance Fined Over  Million in Canada for Money Laundering ViolationsCanada’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 […]