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Binance Nears Deal to Escape Compliance Monitor Imposed by DOJ

Binance Holdings Ltd., the world’s largest crypto exchange, is moving toward a potential deal with the US Justice Department that would allow it to drop a key oversight requirement in its $4.3 billion settlement of allegations that it didn’t do enough to prevent money laundering, according to people familiar with the matter.Federal prosecutors are in discussions with Binance over a requirement to maintain an outside compliance monitor, said the people, who asked not to be identified because the ...

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