United States of America: Approved Settlement in DoJ lawsuit against Binance over alleged anti-money laundering, unlicensed money transmitting, and sanctions violations
Description
Approved Settlement in DoJ lawsuit against Binance over alleged anti-money laundering, unlicensed money transmitting, and sanctions violations
On 18 December 2023, the Commodity Futures Trading Commission (CFTC) announced that the US District Court for the Northern District of Illinois approved a previously announced settlement after Binance Holdings Limited and its CEO entered a guilty pl…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
judiciary
Government Body
court