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Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’

FINTRAC said Binance failed to register as a foreign money services business and neglected to report nearly 6,000 transactions over $10,000.

Updated May 9, 2024, 4:12 p.m. Published May 9, 2024, 4:10 p.m.
Binance Logo (Danny Nelson/CoinDesk)
Binance Logo (Danny Nelson/CoinDesk)