Crypto giant Binance expects to pay penalties to resolve U.S. investigations

Crypto giant Binance expects to pay penalties to resolve U.S. investigations

Binance, the world’s largest cryptocurrency exchange, expects to pay monetary penalties to settle existing U.S. regulatory and law-enforcement investigations of its business, the firm’s chief strategy officer said in an interview.

The company is working with regulators to figure out what are remediations they have to go through now to make amends for that.

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