Binance Responds To U.S. Senate Probe, Denies Iran Sanctions Violations

Binance issued a formal response today to a U.S. Senate inquiry examining potential Iran sanctions exposure on its platform. The response addressed a February 24 letter from U.S. Senator Richard Blumenthal, following media reports questioning the exchange’s compliance controls. Binance rejected those claims, defended its sanctions program, and detailed investigations involving two flagged entities. Binance

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