Recently, Binance has made efforts to increase its commitment to compliance, growing its security and compliance staff by 500% in 2022. Additionally, last fall the company assembled a global advisory board chaired by Max Baucus, a former Democratic senator from Montana. Meanwhile, the exchange seems eager to improve its relations with the U.S. government, recently becoming active in crypto lobbying in Washington, DC.
U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
Written by Bankerage Published on January 8, 2023