---
title: "Canadian regulator fines Binance $4.4M for AML and CFT violations"
url: https://diffcoin.com/canadian-regulator-fines-binance-4-4m-for-aml-and-cft-violations/
description: "FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with…"
published: 2024-05-09
updated: 2024-05-09
author: "Mila"
site: "Diffcoin"
---

# Canadian regulator fines Binance $4.4M for AML and CFT violations

FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator.

[Source link](https://cointelegraph.com/news/canada-binance-aml-cft-violations)