Cryptoknowmics
2023-02-16 07:05:09

Binance Reportedly Preparing for Fines From US Regulators

Binance, the largest digital asset exchange in the world, is making preparations to pay fines and penalties in order to resolve ongoing law-enforcement investigations from US regulators. The Extent of Binance Fines to Be Determined by US Regulators The firm’s chief strategy officer, Patrick Hillmann, disclosed in a February 15 report that Binance has been collaborating with regulators to address past compliance issues. Hillmann stated that Binance is in the process of working with regulators to determine the necessary remedial actions to be taken to make amends. He added that regulators would decide whether the outcome of ongoing investigations would involve The post Binance Reportedly Preparing for Fines From US Regulators appeared first on Cryptoknowmics-Crypto News and Media Platform .

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