Binance Appeals $4.4M Fine by Canada’s FINTRAC Over AML Violations

Binance, a global cryptocurrency exchange, has formally challenged a $4.4 million fine levied by Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC). The fine, imposed in May, accuses Binance of failing to adhere to anti-money laundering (AML) and Countering the Financing of Terrorism (CFT) regulations. The appeal was lodged on June 5 in Canada’s Federal The post Binance Appeals $4.4M Fine by Canada’s FINTRAC Over AML Violations appeared first on CoinGape .