Binance to Make ‘Full Exit’ From U.S., Pay Billions to FinCEN, OFAC on Prime of DOJ Settlement

Crypto trade Binance will go away the U.S., pay billions in fines and appoint a monitor for 5 years to settle fees with the Monetary Crimes Enforcement Community (FinCEN) and Workplace of International Asset Management (OFAC), the U.S. Treasury Division’s cash laundering and sanctions watchdogs, in line with press releases shared Tuesday.