REPORT: Binance allegedly continued to serve Iranian customers, despite ban and sanctions

2022.07.12 15:56

REPORT: Binance allegedly continued to serve Iranian customers, despite ban and sanctions

Global cryptocurrency exchange Binance is under the spotlight as a report claims it continued serving Iranian clients despite a company ban and economic sanctions against the country.

According to an investigative report from Reuters, individuals inside the country continued to trade on Binance after the company itself had shifted Iran onto a blacklist of jurisdictions in which it would not operate.

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