Treasury demands Binance comply with monitoring guidelines amid reports over $1 billion flowed to Iran-linked groups: report

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Original Report

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The U.S. Treasury has "privately" demanded Binance comply with a monitoring program agreed to in its 2023 guilty plea. This follows reports that over $1 billion flowed through the exchange to Iran-linked entities in 2024 and 2025. Binance stated its commitment to cooperating with the monitor and relevant agencies, acknowledging past issues and efforts to increase transparency and strengthen compliance controls.