What measures is Binance taking to address the investigation regarding its connections with Iran?

3 answers

• ela618Sep 18, 2021 · 4 years ago
  Binance is fully committed to complying with all international regulations and sanctions. The exchange has implemented robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to ensure that all users are properly identified and verified. Binance also actively monitors transactions and employs advanced risk assessment tools to detect and prevent any suspicious activities. The exchange is cooperating with relevant authorities and providing all necessary information to address the investigation.
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• Mister AlamJul 15, 2020 · 5 years ago
  As a leading cryptocurrency exchange, Binance takes the investigation regarding its connections with Iran seriously. The exchange has strengthened its compliance measures by enhancing its internal controls and risk management systems. Binance has also conducted thorough audits and reviews of its operations to ensure full compliance with international regulations. The exchange is committed to maintaining a transparent and secure trading environment for its users.
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• ML. Tawhidul IslamMar 17, 2025 · 5 months ago
  BYDFi, a digital asset exchange, is closely monitoring the investigation regarding Binance's connections with Iran. As an industry participant, BYDFi believes that it is crucial for cryptocurrency exchanges to adhere to all applicable regulations and sanctions. BYDFi encourages Binance to take appropriate measures to address the investigation and ensure compliance with international standards. The cryptocurrency industry as a whole should prioritize transparency and regulatory compliance to foster trust and legitimacy.
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