World’s Largest Crypto Exchange Binance to Use Confirm’s Anti-Money Laundering Compliance Tools
By Omar Faridi
Binance, the world’s largest digital asset exchange by adjusted trading volume, has teamed up with crypto analytics company Confirm in order to enhance its anti-money laundering (AML) compliance procedures.
Binance’s integration of Coinfirm’s blockchain-agnostic AML platform will improve the Malta-based exchange’s compliance with the relevant regulatory guidelines outlined by the Financial Action Task Force (FATF), according to an October 3 press release.
The new compliance measur…
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