Binance has been fined $4.4 million by Canada’s financial regulator

Time：2024-05-10 01:41 Source：Internet Copy share

Binance has received a $4.4 million fine from the Financial Regulator of Canada (FINTRAC) for violating anti-money laundering measures.The fine was issued for Binance’s failure to register as a foreign money services company and for omitting virtual currency transactions exceeding 10,000 Canadian dollars.Binance stopped operating in Canada last year.

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