Crypto Giant Binance Takes on Canadian Regulators Over Hefty Fine
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Binance, the world’s largest cryptocurrency exchange by trading volume, has formally appealed a multi-million dollar fine levied by Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC). On May 9, 2024, FINTRAC issued a notice charging a penalty of more than 6 million CAD (approximately $4.4 million USD) against Binance for alleged noncompliance with Anti-Money Laundering The post Crypto Giant Binance Takes on Canadian Regulators Over Hefty Fine appeared first on Coin Edition .
Source: Coin Edition
