A Sept. 22 report by Bloomberg, cited by Reuters, said federal prosecutors are looking into whether Binance knowingly allowed Iran to trade in violation of sanctions.
Binance’s attempt to acquire a pan-European crypto license from Greece came under scrutiny when the Wall Street Journal reported that European Central Bank President Christine Lagarde had urged Greek Prime Minister Kyriakos Mitsotakis not to approve Binance’s MiCA application.
The UK Financial Conduct Authority has issued final guidance requiring crypto firms to reassess their permissions before applications open on Sep. 30 for a regulatory regime taking effect in October 2027.
