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FinCEN

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Binance responded to the SEC’s supplementary briefing: the settlement agreement with the US DOJ has no substantial connection with the SEC’s accusations

On December 13th, Binance submitted documents to the federal court in the District of Columbia, stating that the settlement agreement reached between Binance and the US DOJ and FinCEN is not substantively related to the SEC's charges against Binance, and that the SEC's supplemental briefing did not provide new and effective evidence in this case.

FinCEN: Virtual asset service providers should report suspicious transactions linked to Hamas as soon as possible

The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) issued a warning on Friday stating that Hamas relies on "fundraising activities involving virtual currencies and fictitious charitable organizations to raise legal tender and virtual currencies." Virtual asset service providers should report suspicious transactions related to Hamas as soon as possible.