Binance Under Fire: Senator Launches Probe Over Alleged Iran and Russia Violations
We from the crypto world are watching closely as Binance, the world’s largest cryptocurrency exchange, faces intense scrutiny from U.S. lawmakers. A U.S. senator has opened a formal investigation into whether Binance may have processed nearly $1.7 billion in digital assets tied to sanctioned Iranian and Russian entities, potentially violating U.S. sanctions law. This latest development shows how deeply regulatory pressure on crypto firms has intensified in 2026.
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