Canadian regulators have fined cryptocurrency exchange Binance $4.38 million for failing to comply with anti-money laundering (AML) regulations.
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) said Binance had failed to register as a foreign money services business with the intelligence body despite several deadlines.
Bijay Pokharel
Bijay Pokharel is the Founder and Editor-in-Chief of Abijita, an independent technology and cybersecurity news publication established in 2017. A specialist in cybersecurity journalism, Bijay covers vulnerability research, malware analysis, enterprise data breaches, digital privacy, and emerging technologies. His work translates complex technical threats into precise, accessible, and actionable intelligence for security professionals and general readers alike. His reporting and investigative coverage are routinely cited and republished across leading technology and security media.



