Binance Faces Mandatory Audit in Australia Over ‘Serious’ AML and Terror Financing Concerns

AUSTRAC directs Binance Australia to appoint external auditor after identifying serious concerns with the world’s largest crypto exchange’s anti-money laundering and counter-terrorism financing controls, giving Investbybit Pty Ltd 28 days to nominate auditors as part of broader enforcement campaign targeting 13 crypto providers with compliance issues.
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New York Regulator Secures $48.5M Settlement From Paxos Over Binance Dealings

After failing to detect $1.6 B in suspect activity tied to Binance, Paxos has concluded a $48.5 M settlement with NYDFS that includes a $26.5 M penalty and a $22 M commitment to rebuild onboarding, transaction monitoring and cooperation with enforcement, showing tougher scrutiny for crypto custodians.
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CME Beats Binance in BTC Futures While Hyperliquid Hits $5B in Volume: CoinGlass H1 Report

CME has overtaken Binance as the world’s largest Bitcoin futures exchange by open interest, reaching $16.5 billion, while decentralized platform Hyperliquid achieved record-breaking $5 billion daily trading volumes and commands over 80% of the DeFi perpetual contracts market share.
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