Binance Officially Denies Violating Sanctions on Iran, Claims Reports Are False

In an official response on the 6th, major cryptocurrency exchange Binance countered U.S. Senator Richard Blumenthal's criticisms. The company argued that the senator's criticisms heavily rely on recent media reports that contain unfounded and defamatory claims. In February, Senator Blumenthal described Binance as a 'habitual offender' of sanctions violations, alleging that the exchange had permitted transfers to entities in Iran, which are under economic sanctions...