Binance Seeks End to DOJ AML Monitor Amid Oversight Easing

Published: 2025-09-17 19:31:22 |

Binance is negotiating with the U.S. Department of Justice to drop the three-year external AML compliance monitor imposed under its $4.3 billion 2023 settlement. The talks aim to replace the costly monitorship with more detailed internal reporting, reflecting the DOJ’s recent shift away from oversight measures that disrupt normal operations. Binance remains under FinCEN scrutiny and earlier this year sought removal of a separate Treasury AML monitor. Founder Changpeng Zhao served a four-month sentence after pleading guilty to exchange-related violations. In May, the SEC dismissed its civil suit against Binance and Zhao under new Chairman Paul Atkins. Traders view these developments as regulatory easing that could reduce Binance’s operational constraints and set a precedent for other major crypto firms.

Bullish

Dropping the external AML monitor would reduce Binance’s compliance burden and signal a softer U.S. regulatory stance. In the short term, traders may react positively as operational constraints ease and market confidence grows. In the long term, setting a precedent for removing costly monitorships could encourage other crypto firms and foster broader adoption, supporting sustained bullish sentiment for Binance.