Business
EU watchdogs question Binance over unlicensed European operations
European regulators are questioning Binance over its use of a narrow legal exemption to keep serving EU customers without a licence, the Financial Times reported. Binance told Euronews it is working towards authorisation, while ESMA said enforcement is a matter for national authorities.
Business
US Justice Department digs into Iran's sanctions evasion via Binance
The US Justice Department has begun investigating Iran’s alleged use of Binance to circumvent sanctions, especially funds transferred through the crypto exchange to finance terrorist organisations like Yemen’s Houthi militants.