Binance may reach a new agreement with the U.S. Department of Justice to end the "monitor" oversight era

Insiders revealed that the cryptocurrency exchange Binance is negotiating a new agreement with the U.S. Department of Justice to terminate the compliance monitoring by a DOJ-appointed monitor.

Under the previous agreement, Binance was subject to a three-year DOJ monitor oversight. If the current negotiations succeed, Binance may instead introduce an external agency for ongoing compliance review.

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