India’s Financial Intelligence Unit (FIU) has issued a fine of $2.25 million USD to Binance for violating the country’s anti-money laundering regulations. The FIU is a central national agency in India that is in charge of monitoring and controlling financial activities in the country and identifying patterns and suspicions of money laundering crimes. According to…
Binance: $4.38 Million Fine
The Canadian anti-money laundering agency has issued a fine of $4.38 million USD to Binance for violating the money laundering and terrorist financing laws. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is Canada’s financial intelligence unit. It was established in 2000 and is responsible for overseeing compliance with the country’s anti-money laundering…