Key Notes

Federal prosecutors are reviewing Binance's request to remove mandatory oversight following policy shifts questioning monitor effectiveness.

The crypto exchange would likely implement enhanced compliance reporting standards to satisfy DOJ requirements without direct supervision.

BNB token surged to new all-time highs above $950 as markets respond positively to reduced regulatory pressure expectations.

Binance Holdings Ltd. is reportedly close to securing an agreement with the U.S. Department of Justice (DOJ) that would eliminate the compliance monitor requirement from its record $4.3 billion settlement, as reported on September 16. The world’s largest cryptocurrency exchange has been operating under federal oversight since 2023 as part of the most significant enforcement act

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