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 creator and owner of Abijita.com. He is a freelance technology writer focusing on all things pertaining to Cyber Security. The topics he writes about include malware, vulnerabilities, exploits, internet defense, women's safety and privacy, as well as research and innovation in information security. He is a tech enthusiast, keen learner, rational and cool person in his professional activities and challenges.
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