Binance, Israel and Iran: Compliance, Conflict and Cryptocurrency Control 🇮🇱 Israel Request to Freeze & Block Israeli authorities (IDF/NBCTF) have requested Binance to freeze cryptocurrency wallets related to terrorism or illegal funding. Binance has rejected about 86% of these requests—only ~14% were processed after internal investigation. In October 2023, Israeli law enforcement froze over 100 accounts related to Hamas at Binance's request. The exchange stated that only wallets with verified illegal transactions were frozen, not broad action. Binance's Position Emphasizes compliance with international sanctions and AML/CTF processes. Each request is reviewed thoroughly before compliance. Richard Teng, CEO of Binance: "Only those wallets have been blocked". 🇮🇷 Iran Compliance with Sanctions Since the U.S. re-imposed sanctions in 2018, Binance has ceased providing services to residents in Iran and requested account liquidation for anyone identified as being there. In 2022, Binance acknowledged processing over $7.8 billion in transactions related to Iranian companies during the 2018–2022 period, leading to a $4.5 billion settlement with DOJ/Treasury. Current Access for Iranians Residents in Iran cannot legally open or maintain a Binance account. The Iranian community abroad with no ties to the Iranian economy can use Binance after passing KYC checks. Cryptocurrency is widely used in Iran, but users often rely on local exchanges (e.g., Nobitex) due to sanctions blocking global platforms. 🧭 Summary Table Country Binance Access Freezing & Compliance Israel Full access to the platform; implementing AML/KYC controls Partially cooperative—only freezing wallets with verified illegal links; ~14% compliance with block requests Iran Blocked for residents; open to the Iranian community abroad with valid KYC Strongly enforced due to U.S. sanctions; has processed large transaction volumes related to Iran in the past Key Final Points Israel: Binance cooperates selectively, freezing wallets that are clearly illegal but resists overly broad requests. Iran: Iranian residents are banned from using Binance. The exchange has previously processed large volumes related to Iran, leading to significant penalties. Let me know if you want more information about compliance rules, local exchanges in Iran, or recent policy changes! $BTC