Canada fines Binance $4.38 million for money laundering

Canada’s anti-money laundering agency Thursday said it had fined cryptocurrency giant Binance to the tune of $4.38 million. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) said Binance violated Canada’s money laundering and terrorism financing laws. Binance was also accused of refusing to register its foreign money services with the country’s intelligence despite […]

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