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Binance cites zero-tolerance sanctions policy amid Iran transaction probe

  • Binance responded to reports of a U.S. investigation into Iran-linked transactions.
  • Binance said it maintains a zero-tolerance policy for sanctions violations.
  • U.S. prosecutors are investigating whether Binance allowed the reported transactions, according to reports.

Binance said it has a zero-tolerance policy for sanctions violations after reports that U.S. prosecutors are investigating whether transactions linked to Iran passed through the exchange. The company said it will fully cooperate with law enforcement and remains committed to identifying and stopping violations.

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