Binance Met With Treasury Officials Last Month, WSJ Says

Richard Teng, chief executive officer of Binance.Photographer: Kent Nishimura/Bloomberg
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Binance executives met with officials from the Treasury Department in March to discuss a loosening of US oversight on it, the Wall Street Journal reportedBloomberg Terminal, citing unidentified people familiar with the talks.

The crypto exchange wanted the removal of a US monitor that oversees its compliance with anti-money-laundering laws, the paper said, adding that a successful outcome could mark an initial step to Binance returning to the US market.