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Breaking: Binance Responds To Allegations, Denies Reports On Money Laundering

Binance, the largest cryptocurrency exchange in terms of volume, has responded to an article published by Reuters claiming that the U.S. Department Of Justice found credible evidence of violating U.S. sanctions, centered around anti-money laundering laws.

Responding to Reuters’ accusations, the Binance team has stated that cryptocurrencies are not a haven for money laundering and they have a world-class team safeguarding such activities from happening on the platform.

(By Pratik Bhuyan)

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