Binance admits US guilt with $4.3B settlement, secures Abu Dhabi licence
- —US settlement totals $4.316 billion over AML, registration and sanctions breaches
- —Authorities flagged $898 million in US-Iran transactions via Binance from 2018 to 2022
- —Zhao pleaded guilty to a Bank Secrecy Act violation, drew four months and a $50 million fine
- —ADGM approved the global platform licence, with operations live since January 2026
Why it matters: The case sets a compliance benchmark for major exchanges and shows how crypto firms pair US penalties with expansion in friendlier jurisdictions.
Source: TokenPost