Binance’s $4.3bn fine was set high as a warning, says US regulator

CFTC commissioner says crypto groups should ‘take the hint’ after penalty designed to bring ‘order and structure’ ... Xi Jinping uses new year message to sound warning to Taiwan; ...

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Binance’s $4.3bn Fine Was Set High As A Warning, Says US Regulator

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CFTC commissioner says crypto groups should ‘take the hint’ after penalty designed to bring ‘order and structure’ ... Xi Jinping uses new year message to sound warning to Taiwan; ...

columbia.edu

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Binance’s $4.3B Settlement Marks Crucial Shift In Regulatory …

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Dec 6, 2023 · According to a recent Reuters report, a senior US regulator has suggested that the $4.3 billion settlement reached with Binance last month may represent a turning point in …

bitcoininsider.org

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Binance's $4.3 Billion Settlement With The US ... - Cryptopolitan

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Nov 23, 2023 · Teng’s comments underscore the resilience of Binance’s business model and its ability to navigate the challenges posed by the substantial DOJ fine. Binance Holdings Ltd, …

cryptopolitan.com

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US Judge Approves US$4.3 Billion Penalty For Crypto ... - 商业时报

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Feb 24, 2024 · Binance Holdings, the world’s biggest cryptocurrency exchange, is to pay US$4.3 billion for violations of anti-money laundering and sanctions laws in a settlement approved by a …

businesstimes.com.sg

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Binance Pleads Guilty To US Criminal Charges, Will Pay $4.3bn Fine

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Nov 21, 2023 · Crypto exchange Binance’s agreed to plead guilty to criminal charges and pay a $4.3 billion (€3.93 billion) fine, according to people familiar with the matter.

irishtimes.com

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Binance Copped A $4 Billion Plea But Is Still Fighting The SEC

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WASHINGTON—When top Biden administration officials gathered last month at the Justice Department to announce a $4.3 billion legal resolution with Binance, one powerful regulator …

wsj.com

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Binance’s $4.3B Settlement Marks Crucial Shift In Regulatory …

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According to a recent Reuters report, a senior US regulator has suggested that the $4.3 billion settlement reached with Binance last month may represent a turning point in enforcement …

cryptopanic.com

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CFTC Commissioner Says Binance's $4.3b Settlement Due To Rule …

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Dec 5, 2023 · Binance received a “heightened” multi-billion fine following previous public warnings from several regulators, said the CFTC Commissioner. Kristin Johnson, a Commissioner at the …

crypto.news

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Binance’s $4.3bn Fine Was Set High As A Warning, Says US Regulator

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Dec 21, 2023 · Binance’s $4.3bn fine was set high as a warning, says US regulator. by Andrew Aldridge. December 21, 2023. in ...

blocpress.com

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Why Binance’s $4.3B Plea Isn’t A Turning Point For Regulation

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Feb 24, 2024 · The company maintains its compliance protocols met international standards but were judged against stricter, evolving US regulations. Why This Matters Binance’s hefty fine …

dailycoin.com

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“Don’t Worry” About Binance’s $4.3B Fine: CEO Richard Teng

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Dec 1, 2023 · The Department of Justice slapped Binance with a hefty fine.; Richard Teng addresses concerns about Binance’s ability to stay afloat.; Teng assures the community that …

dailycoin.com

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Binance’s $4.3bn Fine Was Set High As A Warning, Says US Regulator

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FAQs about Binance’s $4.3bn fine was set high as a warning, says US regulator Coupon?

Why did Binance get a $4.3bn penalty?

Simply sign up to the Cryptocurrencies myFT Digest -- delivered directly to your inbox. A top US financial regulator has said the $4.3bn penalty levied on Binance by authorities last month was set at a high level to act as a deterrent to other groups, after the world’s largest cryptocurrency exchange “simply failed to comply with regulation”. ...

Why are CFTC penalties heightened against Binance?

Register Now Multi-billion dollar penalties levied by the U.S. Commodity Futures Trading Commission (CFTC) against crypto exchange Binance were "heightened" because of the regulator's prior public warnings for crypto firms to comply, Commissioner Kristin Johnson said during a Tuesday event hosted by the Financial Times. ...

Is Binance illegal?

US regulators are seeking to ban Binance, the world's largest crypto trading platform, alleging that the firm has been operating in the country illegally. The lawsuit from the Commodity Futures Trading Commission (CFTC) said the firm cultivated US business while failing to register properly with authorities. ...

Did Binance's $4.3 billion settlement lead to a 'template' for governing crypto companies?

Our Standards: The Thomson Reuters Trust Principles. Enforcement action against crypto firms may have peaked after last month's $4.3 billion settlement with Binance, as such cases provide companies with a "template" for how they should be governed, a senior U.S. regulator said on Tuesday. ...

Why did enforcement action against Crypto firms peak after Binance settlement?

REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights LONDON, Dec 5 (Reuters) - Enforcement action against crypto firms may have peaked after last month's $4.3 billion settlement with Binance, as such cases provide companies with a "template" for how they should be governed, a senior U.S. regulator said on Tuesday. ...

Did Binance violate US financial laws?

The lawsuit from the Commodity Futures Trading Commission (CFTC) said the firm cultivated US business while failing to register properly with authorities. It accused Binance of breaking numerous US financial laws, including rules intended to thwart money laundering. Binance defended its practices. ...