The New York Times says a quiet change to Binance's compliance rules is forcing international law enforcement to navigate slow-moving government treaties to get user data.
- Binance has adopted a policy that routes most foreign law enforcement requests through the United Arab Emirates and Mutual Legal Assistance Treaties, slowing access to user data, according to The New York Times.
- European investigators and U.S. prosecutors say the changes are making it harder to track scammers, combat money laundering and quickly freeze or seize assets, though Binance still responds directly in cases involving child sexual abuse, terrorism or imminent threats to life.
- Binance insists it has not reduced cooperation with authorities and frames the new procedures as stronger safeguards consistent with regulated institutions, even as the company faces ongoing scrutiny over its compliance operations.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Crypto job postings triple to over 1,200 in September, but applications fall
BlackRock offers a glimpse of how tokenization may change your investment portfolio
Original sourceCoinDesk
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