Anti-Financial Crime & Financial Crime Compliance
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Compliance, Crypto, Financial Crime

Binance forced to introduce stricter background checks as crypto exchange grapples with AML concerns

By Elizabeth Hearst for AMLi

Major cryptocurrency exchange Binance has announced it will seek stricter background checks on customers, in an attempt to strengthen its anti-money laundering framework. 

The company has hit the headlines in recent weeks, with some financial regulators toughening their stance against the crypto exchange. 

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